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

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To: Kunal Taravade who wrote (1972)6/25/1996 7:29:00 PM
From: Zoltan!   of 58324
 
Who is Robert T. Lutts?

In post #1972, May 24, you wrote:

"Cabot Market Letter says : BUY Iomega You are right Young, the CML continues to recommend a BUY on Iomega."

In May it is reported that Robert T. Lutts, money manager for the $350 million Cabot Money Management was SELLING Iomega stock!*

"Referring to the large following the stock has gained from individual investors on the Internet and the Motley Fool investment bulletin on America Online, Lutts said, ``It's become a little bit of a cult stock. When that happens, you know it's not early'' in the rally."*

CML - BUY!
CMM - SELLING

Guess he's not a CML subscriber. But curious, wouldn't you agree?

Regards

*Salt Lake Tribune 6/19/96
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