Any info about Iomega (IOM)? Message Board

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

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To: Joe Rizzo who wrote (3214)	6/20/1996 12:16:00 AM
From: Young D.T. Nguyen	of 58324

"P.S. I've covered my short and will go out and buy a Zip shortly." Good for you, Joe. I invested mainly in future technology issues, and I can tell you from my experience that IOMG is quite cheap in the technology arena, based on its revenue growth and projected earnings and essentially a world monopoly on removable drives for next several years. I compare IOMG with every super-growth companies in terms of valuation and all fundamentals in quite details - and IOMG is clearly the cheapest with the highest and fastest-realizing potential. One key area is future competitions. Others I look at have too many formidable competitions or comparable alternative technologies. IOMG essentially has no real threats for at least 2-3 years, which is an eternity for establish market shares and standards in the computer and data storage industries. I should have seen this shake out coming. Just forgot about the automatic stop losses (gosh, how many crashes have been caused by automatic stop losses? Folks just never learned) and option expirations. I bought a bunch more today. So what if it drops a little more this week. Come July and after, it won't stay around this level - unless the market crashes.

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