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

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To: Linda Pearson who wrote (45410)1/24/1998 11:34:00 PM
From: HardMoney  Read Replies (1) of 58324
 
Re: Dr. Iomega

He is a broker out of Florida........
I don't know the name of his firm but its probably some schlock house.

Re:IOM

I've owned a core position in IOM since April of 1995 so I still have a very nice profit in those shares (the trading shares I bought recently of course are a loss right now) but after listening to the call twice I've decided to sell it ALL on monday.

Why?

1.Zip,IMHO, has reached its peak in terms of a growth rate.
2.This 100 million ad thing tells me that KE knows the above and is betting the farm on it being successful.
3If it isn't....forget Jaz, Buz and anything that may or may not come out of clik, IOM , with 270 million shares outstanding and an aging Zip product line is, IMHO, finished.

For those type of odds....I'll go to the Mirage in Vegas and get comped for room and board.

........and last but not least...........
this split was in my opinion David Dunn's doing and quite frankly I don't trust him with my $$$.

Good luck to all........I'll only be back when and if the ad campaign works and Zips start becoming standard in all the Compaqs and Dells and Packard Bells of the world.

Frank.

PS If you're reading this, thanks Tyler for all your help and honesty....you're a great guy....look me up if you're ever in NYC....my wife and I would love to take you and your wife out to dinner:)
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