Any info about Iomega (IOM)? Message Board

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

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To: John Hoagland who wrote (3475)	6/25/1996 9:12:00 PM
From: Joe Kowalski	of 58324

John, I can't argue with your statement, but I'm in this one for the long haul. I don't think good news about contracts and new products will move this stock much any more. It will take earnings to move it up, and I think IO will get them soon.......3 to 6 months. Similarly, the bad news is driving out a lot of the momentum players so I think the volitility will gradually die away as these types of traders go off in search of the next "flavor of the month" stock. This leaves IO in a position where it simply must perform to make the stock price go higher. I believe they have great products, superb management, a growing institutional investment base, and soon (if not now) will have market dominance. I'd buy and hold any stock with these fundamentals. The momentum traders are giving a lot of people the chance to join the party at a great time. If the majority of people realized this on a real time basis, a lot more would make money rather than lose........but I guess that's just not the way it works.................................JDK Good Luck........................JDK

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