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

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To: VinWood who wrote (52013)4/6/1998 12:50:00 PM
From: BBG  Read Replies (1) of 58324
 
>>>18 gig.!!! hard drives are on the way.

Bigger drives do not help you transfer data from one computer to another and if one crashes you loose your data just the same. There is a definite use for Zip drives.<<<

Vin...

I agree... that's why I said in my post that there would always be a need for removable storage... but I stick with my conclusion that bigger hard drives "reduce" but not eliminate the need for ZIP disks

>>>IMO this stock is a good potential double for those with patience. For those who have to sweat having money tied up in a $7 stock, they should try a passbook savings account.<<<

I agree with this too but when you say patience I think you're talking 2 - 3 years... I think the smart investor should put his money to work in "better" stocks and continue to monitor (lurk)IOM and jump in only after some of the big question marks have been put to rest, namely CLIK!...

As a former super IOM bull who stayed with this problem child of a stock from $9 to $16+ and back down to $7.5 I think I've earned (paid) for the right to knock this basketcase stock...

JD
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