Any info about Iomega (IOM)? Message Board

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

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To: KM who wrote (34824)	11/7/1997 4:33:00 PM
From: Gregory Cole Brock	Read Replies (1) of 58324

OT WDC crapped on me again. Luckily I somewhat saw it coming this time and reduced down to 25% of my original position. Wish I had shorted it but it seemed so cheap already. There were 2 successive head and shoulder patterns that kept me from going back in, although I was very tempted. Gonna let the rest of my position ride. Ain't much left. I'll let you know if things start looking up but it looks like there will be alot of resistance with no FA to punch through the upper 20's for some time to come. WDC has a pretty strong OEM arrangement and will continue to drop the prices vs giving mkt share to someone else. They will survive and the long term still looks excellent but you may have to wait 6 to 12 mo's for a decent ROI. Have a nice weekend. INTC is the ticket for me and I feel alot better today than yesterday. Greg

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