Any info about Iomega (IOM)? Message Board

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

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To: Guy Gordon who wrote (8464)	10/8/1996 3:58:00 AM
From: Geary Kwong	of 58324

Sorry if this has nothing to do with IOMG... Gordon another company that you may consider for another networking stock is cascade (cscc) that's the only other significant I think has all the great fundamentals. The stock is very expensive right now, but for the last quaterly results (which will be release this Thursday) cscc has became the number 1 backbone provider for the frame relays & ATM's, and IBM has a license to sell there products. The street eps is around .19 but I but my guess is around .23 a share. In Aug, cscc had about 29.7% of the $651 mil. world wide frame relay equipment market, and 56% share of the world wide market in the ISP market segment. And that market seems to have non stop growth. For the time being this seems to be the stock of choice for the mutual fund managers. Quite a few of the small cap fund or aggressive fund has this stock in their top ten. The negative part of cscc include a P E that would have shamed iomg when it was at its peak (200.2 and climbing). They don't have 1/8 of the revenues as usrx (as of last quarter) but market cap is higher than usrx: usrx with 7.2 bil compare to 8.8 bil. And because so many mutuals hold this stock, if the earnings don't beat estimates, the stock will make a rock seem like it is floating in air. We're in this business to make money, if you're willing to gamble this one may return you a pretty penny. I apoligize to all the "fools" out their for posting this on this thread. So for all the fools out there here's a question for you... Do you think Iomega will come out with a Jaz drive for the lap tops? My hard drive has only 80mb left, and I prefer the Jaz to the Zip. The Jaz by the next two years should over take the Zip as IOMG's cash cow. What do you think? Will network for money but not food, Geary

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