Any info about Iomega (IOM)? Message Board

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

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To: stock bull who wrote (52088)	4/7/1998 2:46:00 PM
From: slipnsip	Read Replies (3) of 58324

Plusses......... Short term negative cash flow CEO left 10 to 25 million in losses for the quarter Naomi suit pending Stock at least 60% in the last 2 months Company has no stated direction $1,000 computers holding back OEM's from automatically including zip for advertising purposes These things are all factored into current stock price...... Now you have a company with huge amounts of cash and credit, sales while probably not growing exponentially are still growing. Jazz II shipping, Notebook Zip shipping, Buzz shipping. New CEO to be announced. Statement of direction coming... Strong possibility that 100m ad campaign will be curtailed (analysts should like that)... Strong brand recognition, at least 13 million zips in place. If price continues to slide takover chances do grow exponentially. Still the undisputed industry leader in removable storage This thing can turn on a dime. If nothing else, I predict a good retracement to the $8 - $9 range within a week after conference call when some of these unknowns become known.....

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