Any info about Iomega (IOM)? Message Board

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

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To: Dennis Quintela who wrote (3397)	6/24/1996 11:41:00 AM
From:	of 58324

I believe it is impossible to predict. I am certainly hoping for a double up to 60. My cost basis is substantially below where we are now. I believe that anyone who purchases Iomega stock at these prices is gambling, unless they are convinced that there is a reasonable chance for the zip to become the new standard for floppies. I happen to believe it IS a very likely scenario. So, I intend to hold on to my shares for at least 2 more years and accumulate on dips. (If the "street" falls in love with the stock, or a competitor shows up, I may change my mind.) I guess I am looking for a 10 to 100x move and so these "minor" savagings in the price of the stock, like the one we are experiencing now, just don't bother me too much. Luck to us all, Chris

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