Any info about Iomega (IOM)? Message Board

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

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To: Cogito who wrote (3964)	7/2/1996 11:30:00 AM
From: Mark Lijewski	of 58324

Allen - I agree with Phil, I personally know of NO ONE with any Iomega drive let alone a ZIP/JAZ/DITTO drive. I am a techie surrounded by ultra-techies and still have not seen anyone with an IOMEGA DRIVE. I know of know one who is even thinking buying one. It is a nice product for a certain sector of the market just as CD-ROM drives are (I know of very few that have those either). The biggest buyers of PCs are businesses and businesses are not looking to spend extra $$ for those "fancy items". If the price drops and a "true" acceptance of this as a standard appears then you can stop the speculative cries and really begin the guarenteed success "I told you so" shouts. I am not negative on this product nor the company, but the P/E is not reflective of the performance of this company at this time or in the very near future. Would you buy a Ken Griffey Baseball card worth $1.00 now for $100 if I told you he would hit enough homeruns next year to support that price? I think a lot of hyped up so called "investors" have been doing that on this stock just to be a part of the "in-crowd" sort of like the Yuppie Movement (not to discredit the true value-investors of IOMEGA).

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