Any info about Iomega (IOM)? Message Board

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

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To: Brent D. Beal who wrote (43306)	1/13/1998 2:56:00 PM
From: David S.	Read Replies (4) of 58324

Brent, I just talked to a broker in NY I know well. Over the last 6 months I turned him on to the Iomega story, but he didn't really buy it, although he said he did. Now he tells me the house at Bear Sterns is buying tons of IOM for distribution to their clients. (Their clients don't know it yet! Shh, don't tell them.) He said the back room at his firm, a more elite operation, is also doing the same. This is the way they operate, load up on cheap stock, and then hype it to their clients, who pay market price, and have no idea they are getting it out of inventory. Don't ever believe that they make their money solely on commissions. Regards, David S. Long on Intel and Iomega

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