Any info about Iomega (IOM)? Message Board

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

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To: Rocky Reid who wrote (42185)	1/3/1998 5:54:00 PM
From: Kashish King	Read Replies (4) of 58324

You are obviously a very astute investor. And you, Sir, are a keen observer. Iomega's automated-response team does a masterful job of putting out fires while their quality assurance, manufacturing, customer support and software engineering thumbs continue to stumble around in the dark waving flame throwers. Their incendiary tactics show no sign of abatement, and in light of their own making, IOM looks to be one of the most lucrative prospects for short sellers in recent memory. Strong words from somebody long on IOM, but that will change come Monday. Having said all that, IOM is still a useful company insofar as they serve as a bad example. That usefulness, such as it is, will come to an end as more and better companies learn from IOM's mistakes and introduce quality products. As connectivity and bandwidth increase, luggable storage takes on ever-decreasing importance and to the extent that IOM products are wholly unreliable, IOM is a particularly bad choice. A recent survey concluded that IOM could lose as much as two-thrids of its value. syquest.com zdnet.com konnections.com

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