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

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To: KM who wrote (37483)11/25/1997 9:53:00 PM
From: Maverick  Read Replies (2) of 58324
 
You "guys" are generally on the mark, but not this time.

Comparing the IOM of now with that during the infamous $55 runup and subsequent collapse is the same thing as the (irresponsible) comparisons made between the crash of '87 and the "crash of '97". The situations are totally different. Iomega now has a solid product line, a strong presence (OEM Zips), and good growth. And the discussion about the rising institutional ownership supports this. This stock does not have to be babysat (or day traded) to reward. At some point it will become sensible to take profits, but an itchy trigger finger isn't required. IOM isn't RMBS. Not this time.
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