Any info about Iomega (IOM)? Message Board

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

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To: Rocky Reid who wrote (21944)	5/7/1997 8:11:00 AM
From: John P. Henrie	of 58324

RE Rocky's N hand projection Rocky, I will take you up on that prediction, " No.hand will fail. Plain and simple." You are making this to easy. To keep things in order: IOM will hit $30 before $13. Note: said that when IOM was hanging in the low $15s. NHand will be a huge success. Note: Have been saying that all along. Have Fun, John P.S. Rocky I think that your statements about IOM's high PE and a shaky market deserves some serious consideration. I also agree that some of the other techs are succeptible to these contiditions (e.g.,MSFT). However, your conclusion about the future of IOM and its products is where we part. The reason I believe the $30 is more likely than $13 is this year is going to be big for zip penetration into OEMs and Nhand is going to be a much bigger success than anyone expected. In addition, IOM managment keeps buying back shares in the $14 range.

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