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

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To: David Colvin who wrote (34884)11/9/1997 11:48:00 AM
From: Teddy  Read Replies (1) of 58324
 
RE: This is my first post ever. I started buying Iomega in June 1995 and, after a lot of
gyrations around May of last year, still have a rather large position that I wouldn't even
think about selling for at least 5-7 years. I also own both a PP Zip drive and a Jaz
drive and have had no problems whatsoever with either of them.


David, thank you for posting, i like reading that there are still people (like me) that that don't care too much weather the stock goes up or down for the day (? shares traded in the last hour? ) but just hold for the long term.

I bought all my shares this year for $16 and change (i sold a few a couple of months ago) and plan to hold for at least a few more years. We have an old PP Zip&#153 that has never failed and my new Compaq has an internal Zip&#153, why would anyone buy a new computer that did not have a Zip&#153 drive?

IMHO iomega&#153 is a very well managed company that has great products (and plenty more to come) and the best marketing team the world has ever known. They have made iomega&#153 a brand that people will look for, just like Intel and Coke. Every product that we release will be a hit. Sales and Margins should increase for..... well, my guess would be forever.
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