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Non-Tech : Any info about Iomega (IOM)?
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To: Mama Bear who wrote (7544)9/24/1996 6:51:00 PM
From: William Vu   of 58324
 
To All: There is no question whether IOMG Zip drive will be a standard.
The question is when? How fast?
The answer depends on the management, their marketing strategy.
As they said, it depends now on computer manufacturers.
I was slow in bying because I thought IOMG was a subject of
short activity of mutual funds. But it appears to me now that most
mutual funds don't practice this tactics. Hence the huge short
interest in IOMG (approx. 24m) is mostly from individuals.
If now mutual fund start bying IOMG, a short squeez may happen.
Such possibility, though not big, exists. In this case, IOMG
may reach not only the modest $25 as few people on this board
predicted, but all the way to $30, $35 or higher!
In conclusion, there is always some risk in owning a company
like IOMG, but the potential reward now outweights the risk by the
ratio: 5:1.

My $0.025

WV (not Winner Victorious)
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