Any info about Iomega (IOM)? Message Board

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

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To: Kevin who wrote (6301)	8/20/1996 1:44:00 PM
From: peter lo	of 58324

I bought 600 shares at 15.25 yesterday. It drop down to $14.128 this morning. What is going on with the stock? I bought the stock under some contradicatory thought. The things I like about the company: good products, drop down a lot already(55 to 15). The things I don't like the company is that too many shares (132 millions), too high cost due to the inexperience management term to deal such high growth rate. If the sales slow down it may be in danager the earning results. Another thing I don't like is the chart looks very bad. Will stock rebump from here or drop down to $8.00? I believe $8.00 is a registance level. It can't go lower than that. Share some idea with me. Thanks! Peter

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