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Non-Tech : The New Iomega '2000' Discussion Group
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To: Herb Fuller who wrote (3753)1/4/2000 10:38:00 PM
From: Herb Fuller  Read Replies (1) of 5023
 
Listened to Radio Wallstreet tonight.

Anthony Marchese from Laidlaw Insiders Trend Fund was interviewed on Insiders Corner.

1. He said that Iomega's getting into the digital camera business with the Clik Drive is going to play a big part in driving Iomega for the next three years. He expects Digital Cameras to sell for around $100 and this will be good for Iomega. He said that at that price there will be a lot of Cameras sold.

2. He expects Iom to double or triple in the next 12 months from here.

3. Iomega's CFO purchasing 10,000 shares near the $5.00 level was a very positive sign as the CFO knows more than any one else about the Company's financial health.

4.Iomega's going up today when the overall market was down is also a good sign.

5. He expects that Iomega can earn $.40 in the year 2000.

Please don't tell Ken the above, it may ruin his day. {G}

Herb

PS: Interesting Chart

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