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Non-Tech : Any info about Iomega (IOM)?
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To: KM who wrote (43775)1/17/1998 6:09:00 PM
From: Teddy  Read Replies (3) of 58324
 
RE:"...being an "investor" in a $12 stock."

i am very happy with my investment Iomega. i am reasonably sure that i will still be happy with it next Friday. Chances are that a year from now i will be even happier.

Like most of the "investors" on this thread, i have owned IOM long enough that, even with the recent decline in price, that investment has significantly outperformed the market.

Truff, i remember you posting that Iomega sent you a bunch of stuff in the mail a while back: you were all excited and thought it was the best company in the world. Unless i am mistaken, Iomega is still the same fast growing, money making company.... all that has changed is the stock price.

A lot of stocks have come down lately. Some will go down more. Some will sore to new highs. i don't think it is fair to say that the only reason IOM is down is because of the split.

As you pointed out: "someone who bought INTC at the beginning of last year and held it without trading is either sitting on a zero return or slightly negative for the year." Yeah, and INTC never split at $24.

And i don't think that someone who owned shares of BA for 18 months is too happy with their 0% return either. Gee, Boeing is a huge company with a big backlog and it is even in the DOW.

Hopeful the CC will be good and IOM will head back up.

BTW: i'd rather read a bunch of OT post or RR ranting then the cry baby stuff posted today.

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