Any info about Iomega (IOM)? Message Board

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

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To: BBG who wrote (49703)	3/11/1998 4:51:00 PM
From: werefrog	of 58324

To All: Iomega products called "Fad". NEW YORK -(Dow Jones)- Rocker Partners hedge fund manager David Rocker said Wednesday he's bearish on Dell Computer Corp., citing increased competition. Longtime short seller Rocker said Dell's (DELL) rivals have successfully copied the company's production and marketing styles. The short seller, a person who profits from picking stocks that will decline rather than rise, said the rise in competition could cut Dell's margins in the future. "Dell is a terrific company but makes essentially a commodity product," he said. "Everybody is basically saying 'Dell, you're right - we're going to emulate you' and that's going to cut their margins." Rocker also said one of his favorite shorts is cellular phone distributor Brightpoint Inc. (CELL). He cited the company's heavy exposure to Asian markets and its huge negative cash flow. "They are lending money or investing money in companies that will buy from them," he said. Finally, Rocker is negative on Iomega Corp. (IOM), whose computer storage products he called "a fad." Justin A. Oppelaar; 201-938-5175 Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. 2:06 PM

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