Any info about Iomega (IOM)? Message Board

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

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To: studdog who wrote (35899)	11/15/1997 1:46:00 PM
From: Ken Pomaranski	Read Replies (1) of 58324

To All: The biggest problem with the stock price right now is the street's confusion over the split. (I'm sure everyone else on this thread, like me, is wondering why the heck they did it.) There is no doubt in my mind that the share price would be over 30 without this announcement. Has anyone here got any answer from investor relations? But, this will all be old hat come December, and I'm quietly loading up on the FEB 25s (FEB 12 1/2s!) on weakness. On another topic: there is no doubt in my mind that Syjunk, or whatever it's called, could be a better value to a consumer than the ZIP drive, but there is no way this product will get enough market share to pull SYQT out of 'virtual bankruptcy'. This product in the hands of a company with more resources could be dangerous, but as it stands today, it's much too late. ZIP is just too entrenched. anyway, good luck, and try not to focus too much on the short term movements of the share price. All will be rewarded in good time... kp

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