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Non-Tech : Any info about Iomega (IOM)?
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To: stock bull who wrote (47889)2/14/1998 2:36:00 PM
From: Cogito  Read Replies (1) of 58324
 
>>From the details contained in your posting, I must conclude that you work in the industry, and may be a design engineer.

Again, thanks for taking the time to post the facts. Do you have any comments on how you view IOM as an investment?<<

SB -

I do work in the computer industry, specifically in the networking area. I am not a design engineer by trade.

As I have said in other posts, I do see IOM as a "broken" stock right now. It has been broken before, though, and has had periods of appreciation since then.

Right now I'd say the company has at least a 50/50 chance of succeeding with its business plan going forward, and there would be a significant upside if they do. The fact that expectations are now very low again can only help, in the long term. I am planning to hold for at least another six months to see how things pan out, although that plan could change as events warrant.

Any comments I make on Iomega as an investment are my opinion only, and I could easily be wrong.

- Allen
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