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

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To: KM who wrote (39280)12/10/1997 5:27:00 PM
From: Leo J. Capobianco, DO  Read Replies (2) of 58324
 
"I hope all of you WDC/drive stock lovers take a look at this..DRIVE STOCKS ARE SHORTS, NOT LONGS!".
Actually, a few months ago I did well on WDC..rode 40 calls from 5 to 25 when it went from 28 to 50...as usual i didn't short it on the way down..obviously the drive makers are cutting each others throats now...Hope IOM has the foresight to see that this problem can translate into the removable market if more competition comes in..currently IOM has 89% of the removable market and competitors want to eat its lunch..I have no position QNTM, SEG, WDC, etc.

"Sorry, I'm seriously ticked off today." I can't see things getting any worse for IOM...almost 8 down days in a row. Hang in there Truff..
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