Any info about Iomega (IOM)? Message Board

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

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To: Michael Coley who wrote (46022)	1/28/1998 3:34:00 PM
From: Tom Trawinski	Read Replies (3) of 58324

Michael & All, Great analysis. This underscores Iomega's bad perception and Netscape's great admiration to "the street". If memory serves it was Netscape that was one of the very first Internet stocks when it went public a few years ago. It was hyped up quite a bit with the stock price appreciating tremendously the first day or so it was traded, then lost quite a bit the very next day. For Netscape to lose only 4% after posting a loss while Iomega grows almost 100% yet loses 40% of it's market cap in one day is strange. Iomega is not a hyped up stock. It jas proven earnings. There's got to be another reason (or reasons) for it's stock to lose so much. Anyone have any ideas? Tom

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