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

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To: Robert Skinner who wrote (6190)8/20/1996 6:25:00 AM
From: Robert Skinner   of 58324
 
Things look like they are picking up

After reading todays posts I have a few comments.

"Can intrust in IOMG get any lower?" Well if the amount of these posts say anything about intrust in this stock I would haft to say that intrust hit bottom a few weeks ago. A few weeks ago there were only a few people posting on this thread. Now I see a lot of new names here. New people welcome abord :). A few weeks ago I started to talk about telling people about word of mouth advertising. I read some really great response from the few people that were still posting.
I found that people are indeed telling others about the advantages of owning Zip. I agree with the other posters that have found it really easy to exchange files with friends useing Zip disks. As a matter of fact I can now exchange more stuff than ever before thanks to the friends that have bought a Zip drive also. I want Iomega to become the next floppy for more reasons than the price of the stock. I would really like to enlarge the circle of people that I can trade stuff with. It looks like Zip has the best shot at becoming a standard with enough storage to enhance swapability.
Any way it seems like a good idea to use word of mouth advertising when ever appropriate. Sell the product and the stock will take care of it's self. Word of mouth advertising the best advertising there is. No company can buy as good advertising as word of mouth.

I rember when Iomega one quarter people posting were worried that the money Iomega was spending on advertising could hurt margins. Well maybe we can give Iomega and ourselves a hand by just talking about the product. It can only help.

Ok a quick note about margins. Belive it or not I don't care much about earnings per quarter. I want to see sales. The way I see it sales are the key. If you look back at compaq they had about the worst margins going as they were building up market share. Compaq's stock was priced like dirt, becouse they had very low margins. But they gained market share to become #1 computer maker. and there stock shot up to the point that a $17,000 would have made a person a millionair in about five years. So that is why I don't care about margins. I want market share. And guess what Iomega has the big BIG BBIIGG market share.

I Also must agree with those that posted that Compaq is now loosing market share. Great The companys that have OEM with Iomega are gaining market share. Computer sales continue to increase each year. Tec. Continues to advance. Systems and software grow larger all the time. Thats called progress. DAA is this stock cheep or what.

I read some post in the past that Iomega would go down to 12 and some say 9. Nine would give Iomega a PE of about 25 or so. Give me a brake. Iomega at 9 would be like me winning the lottery. Ya it would be like me winning the lottery becouse I would do everything reasonable to rase cash to buy as much IOMG as I could and the result would be like me winning the lottery. Go ahead make my day sell this stock down. :)

Oh ya backing up the truck to load up on some more IOMG. I like money to much not to load up some more. Hoping to accumulate more and more.
Bob
Long and strong on IOMG

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