Any info about Iomega (IOM)? Message Board

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

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To: cherry lee who wrote (3382)	6/24/1996 2:37:00 AM
From: Guy Gordon	of 58324

Cherry, thanks for the FYI post. I have only a few comments: "Some PC makers would rather kill their mother if it would save them $20 or more on component costs," This is very true of the low-end systmes. Zip drives will initially be shipped in high-end computers. Especially multimedia computers. Also, these same low-end makers will add the Zip whenever their customers demand it. "I think you have, in general, a lack of (Wall) Street support," he said. I think that you haven't seen Wall Street as a whole adapt this thing. That's been a major factor." I have no doubt that Howard Rosencrans is right on this point. I also think that there is a good bit of jealousy on the part of the big money boys. They are used to getting stocks like this at a very low price in an IPO, and then watching it run up before us individual investors can get in. With IOMG the tables are turned, and they don't like it one bit. "Rosencrans said he maintains his "buy" recommendation on the stock, which he initially recommended in March 1995 at a split-adjusted price of $1. " The lucky B*****d. :-)

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