Any info about Iomega (IOM)? Message Board

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

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To: D.J.Smyth who wrote (46724)	2/3/1998 4:10:00 PM
From: Jock Hutchinson	Read Replies (4) of 58324

Rather than respond with to the sarcasm raised in some of the posts, I will respond in detail later to Mr. Cooley's message. Moreover, my initial post generated the hostile replies I received. I just have some very serious reservations about the long term viability of this company. I think they have a lot of excellent products for the time being, but I feel that in many ways they can only go in one direction to survive, which is the direction they are going by trying to develop name regocnition and brand loyalty. I've made a lot of money in the past on stocks like Analex, Syntex, Fairchild Semiconductor, and my 95 year old father made a lot of money on stocks like Philco and Studebaker. As you might guess, none of these so-called cutting edge high flyers are in business. All of them reached a certain inflection point in their growth as a company beyond which they withered and died or changed so dramatically that they were not the same company. Finally, I don't think that IOM is that bad a buy right now, but it is an enormous speculation, and an attitude that one has to tough it out for eighteen months to triple one's money defies gravity. Good luck and good health

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