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Non-Tech : Any info about Iomega (IOM)?
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To: who wrote (3590)6/26/1996 4:04:00 PM
From: Cogito   of 58324
 
Walt, I'm flattered that you would believe I might know the "correct" market price for IOMG. But I would have to rate myself as more of a techie than an analyst. I know only the basics about the market, though I have done network systems consulting with financial firms.

Having said that, though, I'll still reiterate my opinion that the company is undervalued at the current price. I would certainly expect it to be back in the 30's or low 40's by the end of the summer. And I have consistently underestimated the upside for this stock.

My confidence in Iomega is based on my opinion that the company is doing a great job of selling the right products the right way. And I expect that they will continue to improve the current products and come up with new winning ideas.

I only wish I had some more money to invest in IOMG right now.

- Allen Murdock
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