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Non-Tech : Any info about Iomega (IOM)?
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To: sheila rothstein who wrote (51508)3/28/1998 2:28:00 PM
From: robert read  Read Replies (3) of 58324
 
To: +FastFreddie (1136 )
From: +Pete Bilden
Friday, Mar 27 1998 3:53PM

OK we are adding Iomega Corp (NYSE IOM) to our 1998 Stock picks.
Yesterday the President resigned and the stock came down from 7.50 to
7. The street saw this a negative, however I see it as positive. I hear
that several major Brokerage houses and Mutual Funds are slowly
accumulating. There should be a BUY recommendation from these Houses
after they have finished accumulating. The stock could go down to 6.75.
There is no rush so be patient and let the stock come to you. 12-month
target is 18 maybe higher. I also hear that the Demand for the product
exceeds the supply available.
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