Any info about Iomega (IOM)? Message Board

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

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To: sheila rothstein who wrote (37773)	11/30/1997 2:23:00 PM
From: larry	Read Replies (1) of 58324

I have been in and out of IOM several times and am a look-on right now. True, Barrons is never kind to IOM. True, the big boys have lost lots of money on IOM. But the bottomline is, if the HIFD holds up to be true, it will definitely be an IOM killer. Barrons is correct in this one. I pulled out of IOM a month ago when they wrote sth about HIFD in Motley Fool and I also called Sony to verify it. I mean, it's that simple. When you invest in a company, you have to consider the upside and downward potential. With HIFD competing with IOM, I see that IOM potentially loses 50% of its face value in the long run. IOM is a very solid company, but do I want to risk the possibility of losing big by betting several bucks upward? Absolutely not. larry

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