Any info about Iomega (IOM)? Message Board

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

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To: Winner Victorious who wrote (3553)	6/26/1996 1:22:00 PM
From: Joe Rizzo	of 58324

Be careful buying puts; they can be very expensive. Hedging is okay at the right time; but hedging into panics usually requires paying a hefty premium. Separately, I went long IOMG at $22 1/4 this morning. I look at like this: I just bought a $3 billion dollar company that will do $1.4 billion in revenue this year and could do $2.5 billion next year. If you folks are right and the company delivers, the stock is definitely a buy. If you folks are wrong and revenues do not soar as projected, there is still more downside. I have gained a great respect for the detailed analysis being done on this board with regard to projections (better than anything on Wall Street). So I have officially jumped on the bull bandwagon. I like jumping on bandwagons went everyone else is jumping off. Joe Rizzo JMR Trading Joe Rizzo JMR Trading

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