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Non-Tech : Any info about Iomega (IOM)?
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To: Joel Sternberg who wrote (18507)3/21/1997 12:37:00 PM
From: D.J.Smyth   of 58324
 
In 1986 through 1988, the wonderfully negative audience like yourself was saying the same about Nike - look at Nike's chart - from $2 to $12 back down to $2, back up to $12, back down to below $2 and up to $38 in late 1988 when the investment community finally realized that Nike's claim to put a styled tennis shoe in every household wasn't as cockeyed as it sounded. Nike is now at a split adjusted $140 plus. There were a-plenty of chart mongers at this time predicting Nike's falls. Nike continued with its business strategy which finally won out.

What busines strategy other than charting on the downside have you been involved in lately?
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