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

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To: Joseph who wrote (49493)3/6/1998 10:25:00 PM
From: Rocky Reid  Read Replies (5) of 58324
 
Sorry to inform you that the Iomaniacs here generally display an alarming lack of sanity when it comes to this stock. Even with 40% of their holdings vanishing within 2 days time after 4th Q earnings, they refuse to acknowledge the fact that this broken stock is abysmal, and should be avoided in general.

With all of the good news out (Jaz2 shipping, Buz shipping, Zip sales reportedly doing well) do they think that the stock will all of a sudden march upwards? This is a stock that has proven that with any sign of bad news, it tanks like Gen. George Patton.

IOM is lower this year than last, and lower than the year before that. You know what? Next year, it will be lower again.
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