Any info about Iomega (IOM)? Message Board

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

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To: W. Clinton Terry who wrote (44472)	1/22/1998 4:59:00 PM
From: larry	Read Replies (1) of 58324

IOM is being traded at 9 right now, and seems keep dropping. Sorry to bring bad news to you guys. I am neither long nor short on IOM. I did come to the board and posted some negative comments on IOM several months ago and my posts were trashed. My point at that time was simple: 1) increasing competition will definitely slow down growth of IOM and an earnings shortfall is inevitable; IOM is enjoying a premium PE which does not allow any bad news; 2) Fuji's HIFD disk is gonna cause big headache on IOM. Still hold those points. Anyway, good luck to longs in the future. I don't need to say good luck to shorts since they already cashed in big bucks. larry

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