The New Iomega '2000' Discussion Group Message Board

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Non-Tech : The New Iomega '2000' Discussion Group

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To: Rocky Reid who wrote (2964)	9/30/1999 6:36:00 AM
From: ISOMAN	Read Replies (2) of 5023

So.. That was then this is now... At $3 a share...do your really feel that IOM is still overvalued, At this time? Look at CFON..now there is a ompany that should have gone bankrupt a long time ago (Disclaimer I am short cfon) It has a higher market cap than IOM and it is $1.20-$1.50 a share recently. So....IOM has problems....it wouldn't be any fun if all stocks were CISCOs, in my portflio.,...no challenge... I see IOM returning to the $5 level at least, and even though they may not be a western Digital or COMS at this time, I still think they fairly deserve $5 - $7 a share... Based on current assets and the IOMEGA franchise... Give IOM a good leader and who knows what they could do. Remember Lee Iacoca and chrysler... K Cars were crap, but....The shareholders still cashed the dividends..

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