Any info about Iomega (IOM)? Message Board

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

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To: AreWeThereYet who wrote (42832)	1/8/1998 3:45:00 PM
From: Ken Pomaranski	Read Replies (3) of 58324

Sorry! But I finally bailed when we broke back below 13. In order to stay in the game, one must cut losses while they are small. My 12 1/2s were losing too much time value day for day when the stock was flailing around 12 3/8. I was just waiting for an opportunity. Did any of you know that an out of money option (1-2 months out) loses about 4% daily? in the money is less than a percent. FYI, my total position lost 3/4 point, with the stock dropping 3 points from the time I created my position in November. (I tell you this to show you why 'playing the lottery' doesn't work all too often.) I started to worry again last weekend when I took a look at the advertisements in the paper. In all the computers advertized, I saw ZERO with ZIPs included. ZIP has been out for three years(!) now, and still can't make inroads into the high volume, low end, consumer market. And with $800 PCs??? Iomega has failed to make the ZIP a 'necessary item' of a PC. This is what has me bothered. Believe me, I think Q4 will be great (which is the reason I bought back in the first place), but I stand by my prediction of a year ago in which I stated that Q4 1997 would be the last high growth quarter. kp

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