SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Wisdom who wrote (46136)1/29/1998 11:00:00 AM
From: Cogito  Read Replies (2) of 58324
 
Gary -

You are absolutely right. In the letter I wrote to KE yesterday, I stated that almost all of the people who bought this stock since May of 1996 "have nothing or less than nothing to show for it."

I am fortunate that I saw Iomega coming early enough to get in well below current levels, and to have sold part of my holdings near the peak. But as a person who is holding now and not under water, I am certainly in the minority. I'm sure that's why I'm not quite as angry as most of the people here.

It should be pointed out that Kim Edwards does not have direct control over the stock price, and that IMO the professional investment community has pretty consistently undervalued IOM. Still, I recognize that a lot more could be done to give analysts the warm fuzzies. More could be done because virtually nothing is being done now. My letter to KE also says that.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News