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

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To: slipnsip who wrote (50419)3/17/1998 1:17:00 PM
From: w sun  Read Replies (1) of 58324
 
unlikely it will go to $3 and stay there. Look at Sqyt & Iom currently as iom is at about $7.25 and syqt is at about $2.75:

sale cap
iom 1.74B 1.868B
syqt 106.5M 195.8M

I don't see sparQ fair any better than zip. This reminds me that investing is a lesson in human psychology. At present level, iom presents a very good value. What uncertain to investors is that management hasn't charted a path how it will sail facing the new situation, namingly slowing zip sale, jaz competition, and click's future. For zip, iom decided to increase marketing. It hasn't worked yet. For jaz, it lowered price a bit, but still not matching up with its competitors. For click, I don't know anything. Flash seems holding on pretty well in digital camera. Other applications? This could bring us some big surprise(inother word, big swing in share price.) But at $7, what's downside risk and upside potential? Each one will have to assess him/herself.
(ws)
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