Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: VICTORIA GATE, MD who wrote (2811)	6/12/1996 2:38:00 PM
From: Young D.T. Nguyen	of 58324

Ref:"In your opinion, where is the fair market value of IOMG?" Victoria, "Fair market value" doesn't mean squat when one invests in super-growth companies with basically unlimited potential and a mind-boggling potential market size. We invest in these companies based on their pure potential, backed up by recent stella performance and consumer demands. Current worldwide storage industry is estimated at 25 bils and will grow nicely each year. I expect IOMG to own at least 30% of this market by 1998-99, which means a minimum revenue of 7.5 bils. I expect IOMG share price to be 6-11 times current price by then. But you know I am one of the die-hard IOMG bulls.

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