Any info about Iomega (IOM)? Message Board

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

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To: Cameron Dorey who wrote (3676)	6/27/1996 1:00:00 PM
From: Young D.T. Nguyen	of 58324

Boy, when things go bad, they really go bad... I bought some more at 3:55 on Tues. One hour later, I found out that Cabot had issued a sell. Talk about bad timing. My home computer conked out yesterday. All of sudden. Perhaps all the IOMG selling was too much even for my computer to take. On other subjects... Look to me that Wall Street has gotten what they wanted, a blood bath and >50% drop in many quality issues. More and more analysts and closet bulls are coming with positive things to say, now that they and their clients have had a chance to get in at the bottom. Quite a few postitive media articles laterly (although still many inaccuracies), coinciding with IOMG hitting the bottom. Amazing turn around! WSJ even recommends SI. Wow, I am a bit confused. Why was IOMG a really really bad deal just in last 3-4 weeks and before in the eyes of the financial media, now all of a sudden, it has great potential? Has anything changed from last 2 week? Only that IOMG price took a huge hit and the big boys now had a chance to get in at the bargain. I wondered why JP Morgan waited this long to come out with a BUY rating, when they helped to do the secondary at $35. Young

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