Any info about Iomega (IOM)? Message Board

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

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To: cellhigh who wrote (10454)	10/29/1996 8:34:00 PM
From: Carl Fritch	of 58324

Hi, Just my 2 cents worth. The market as a whole is overvalued and I would be very carefull about buying on margin right now. If the market takes a large drop you could get wiped out if you buy too much. A highly speculative stock like IOMG has a lot of downside risk in a bear market. I don't want to scare you into selling IOMG, however, because this is an excelent company with good prospects for the future. The main thought is if we have a major downturn and you can't cover your margin you will be forced to sell at a large loss. I am currently cashing all of my stock out except for IOMG in anticipation of a large drop in the market. Carl

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