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

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To: Rocky Reid who wrote (23572)5/28/1997 5:31:00 PM
From: fut_trade   of 58324
 
>>We've been hearing this same shmultz for at least half a year now. "Just wait till Iomega beats the street!!" You know what happens?

Nothing.

Except for maybe trailing down every so often. No, the short interest is keeping the share price in a stranglehold, and this fact alone should serve as a warning to anyone thinking of sinking their hard earned cash into this heartbreaker.<<

After half a year the P/E has dropped considerably and most of the concerns about Iomega are drifting away. The time for sustained growth in stock price is rapidly approaching. I'm not saying it's gonna shoot up to 30+, but low 20's is probably reasonable.
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