Any info about Iomega (IOM)? Message Board

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

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To: d-fndr who wrote (29888)	9/12/1997 10:20:00 AM
From: Roland Fehrenbacher	of 58324

I can't believe the continued optimism on this thread. Reminds of the old days at 55. This piece of news is the worst I have heard since I am following the company. I sold out completely this morning. The disks is what makes the IOM story. If you see pricing pressure on that front, it will lead to severe margin erosion -> commodity product. Considering the price rise on the news: My take on this is that the big funds have supported the price today to prevent panic selling. They need time to unload. Somebody needs to have a look at money flow. I will be back in as soon as this cloning issue is resolved.

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