Any info about Iomega (IOM)? Message Board

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

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To: Spank who wrote (45731)	1/26/1998 9:27:00 PM
From: Keith A Walker	Read Replies (5) of 58324

The stock has hit bottom...Has anyone considered that the drop in stock price is just what KE was hoping for? (By the way he did unload a large holding in November.) The effect of the latest drop must be to clear out short positions and bring sustainability to any upward movement in price from this point forward. From here on, new products contribute incremental, and currently under-anticipated, revenues to the bottom line. Shareholders stand to gain by management giving a cautious outlook - the expectations can now be exceeded easily from here on. My hat goes off to KE for a skillful resetting of expectations and creation of shareholder value through savvy advertising and creation of "brand equity".

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