Any info about Iomega (IOM)? Message Board

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

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To: Guy Gordon who wrote (9672)	10/22/1996 12:31:00 PM
From: davesd	of 58324

Guy, the other thing is that IOMG does not trade based on the current fundamentals, but on future potential of earnings and "momentum stock" status. Well this future potential is now being threatened by some huge players with deep deep pockets and an enhanced version of a technology that is already accepted by the industry as a standard, CD-ROM. Again it will come down to the price of the unit and CD's. I'm sure if they cannot be competitive in the beginning, they will cut prices till they are, even if they lose money...they can afford to!! dave

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