Any info about Iomega (IOM)? Message Board

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

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To: Ken Pomaranski who wrote (49615)	3/9/1998 10:41:00 PM
From: Rocky Reid	Read Replies (4) of 58324

It's all very simple. There are simply stocks that Wall Street loves right now, and then there are stocks that they hate. Wall Street loves AOL, YHOO, AMZN and other essentially overvalued stocks. Then there are stocks that Wall Street couldn't care less about. IOM is one of these. It's average volume (indicating general interest in the stock) has been on a steady slide down, and it's chart looks deplorable. Technically, it looks like it could break down again into the 7's soon. Very sick indeed. "But WAIT!" Iomaniacs cry. "Zip drives are blowing out the doors! Jaz2 is out! Buz is out! Earnings will be great!" No one is listening. You know what? After Iomega reports good numbers, Wall Street still won't care, and the stock will continue its long slide downward. Can history be an indicator of the future? For IOM, I think it can. To the Iomaniacs I say, IOM's glory days are long over. There is a whole new generation of Internet Hype Stocks that burn up the market day after day. Why not join the fun? Dump your IOM sloth, and get your money moving Up!

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