Any info about Iomega (IOM)? Message Board

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

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To: Michael Coley who wrote (49508)	3/7/1998 2:56:00 AM
From: Robert Skinner	Read Replies (1) of 58324

I put my toe in Iomega with 4,000 shares at 8 3/4. I call this a good investment with all the info I have. The strongest fact guiding me toward IOM is it's low PE relitive to it's earnings and revenew growth. I fell confident about next Q. I also like the new products that are now selling. I'm willing to arvage down. I went into this stock with that tatic in mind. NON IOM On another subject I am long Coors symbol ACCOB. I also have Call options on coors. I have puts on BUD. Check my profile you will see I work for Anheuser Busch (BUD) I belive there is a very good chance bud will go on strike. The union will Vote on a strike Sunday. Budweiser has three weeks from sunday to come up with a offer the union will accecpt.. I don't think Bud will make an offer we will accecpt. Anheuser busch has %46 of the Beer market in the U.S. bud also has a P.E. around 20. Coors has a much smaller market share and a P.E. around 14. If there is a strike the Teamsters will call for a boycot. I don't think the number one selling beer in America (Bud) will stay the number one selling beer if is a scab beer. I think Budweiser is making a mistake to take on the union. Were not talking about Microsoft and win 95 here that is hard to change were talking about sitting in a bar with your bro's and ordering a scab beer or something else. Something very easy to do. All this news is now public. Check the teamsters web site or any on line news. Budweiser Employees own about %10 of the stock according to Bud. There is a mass sell off by bud employees according to the bud TV network. The Bud TV network says it cannot process the stock orders comming in as fast as they are gitting them. I think Bud is trying to keep it's employees from selling there stock by not processing there orders. I think bud is trying to keep it's stock price up. I think Bud is trying to hide the impact of what is really going on. Dam I got lucky sold some calls on INTC the day before the crash. I held the INTC stock into the crash and took a 9 pt hit before selling.

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