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

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To: Linda Pearson who wrote (46421)1/31/1998 10:06:00 AM
From: Tom Carroll  Read Replies (2) of 58324
 
Linda & Truff RE: Buying spurt

Glad to see you're still here, Truff, and as usual, I'm
impressed and educated by the shrewdness of your strategy.
A thousand apologies for accusing you of desertion and
weak knees.

I have to disagree with Linda, though, that this buying
spurt has resulted from a product announcement, namely,
the inclusion of the Zip in the sound-editing product. That
may have helped a little, or may have even precipitated things,
but the movement was too big just for that. Instead, don't
you think investors were just waiting for the selling
frenzy to level off before plunging back in to pick up
this still-solid and growing company at a bargain price?
At a trailing PE of under 20, it's a giveaway, even if
the Jaz is vulnerable and the Zip is going to take a
while to get the default A: slot in every box shipped.
For the first time since spring 1996, I'm thinking
seriously about buying some more.

Or did I miss some other product announcement somewhere
in the THOUSANDS of messages all you Iomaniacs have been
posting here? <g>

Cheers, Tom (long IOM)

P.S. to E.G.: I think that town may be Cropseyville,
not Corpseville. My wife suggested that to me when I
told her the tale (which I couldn't do without stopping
to crack up laughing several times, especially when I
told her about your reply to my joke, Linda). I'll
never drive through there again without smiling. <g>
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