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

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To: Hugh W. who wrote (2995)6/14/1996 12:55:00 PM
From: Erik J. Lupien   of 58324
 
Hugh: I've been keeping tab too. It rather sucks though that while IOMEGA continues to pour out good news that should push the stock up, at least a little bit, IOMEGA's indirect competitors (hard drives OEM's) continue to report bad numbers which not only drop the share price of the competitors but also hits IOEMGA. However, while IOEMGA is not tanking like some of its indirect competitors, we should be extremely pleased to see that IOMEGA is holding up well.

As an investor I am very satisfied to see the releases that continue to pour out of IOMEGA central. Clearly the industry is warming up to Zip drives and we are going to celebrate the shift from 1.44 to 100 Mb disks. If anything, this is a buying opportunity for us.

Long on IOMEGA. : )

Erik.
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