Any info about Iomega (IOM)? Message Board

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

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To: Gary Wisdom who wrote (43766)	1/17/1998 7:48:00 PM
From: Rocky Reid	Read Replies (5) of 58324

>>Unfortunately, until those things happen, we'll have to be satisfied with the stock doubling every 12 months. << Gary, quit with the wishful fantasy, and look at a 2 year chart of IOM. The value of IOM is right where it was at about April/May 1996. This is coming up upon nearly 2 years of painful stagnation if you have been that long-term. Also, lest we forget, that IOM is 60% down from its all-time high. This, combined with it's recent stagnation, along with a bumbling stock split, and you have the recipe for a whole mess of digruntled investors ready to bolt for better performing stocks as the techs start rebounding. There is a whole market full of stocks with better 2 year performance than IOM. Some story stock. IOM has proven itself as little more than an Internet Hype Stock whose hype was fresh and new more than 2 years ago. This is Ancient History by Wall Street standards.

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