Any info about Iomega (IOM)? Message Board

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

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To: Reseller who wrote (52782)	4/16/1998 8:37:00 PM
From: robert read	Read Replies (2) of 58324

there is no other way but up from here, this is the bottom, these bad earnings have been factored in, iomega is down because some people thought that it was going bankrupt. instead zip sales are strong. OEM sales are booming, zip well on the way of becoming the floppy replacement, on this point the picture is clearer now. Why bother about being a penny short for the quarter, just focus on the future that's what counts. As for tomorrow i think iomega is going up. Institutions which own about 30%(about 78 million shares) are accumulating not selling. Look at the anemic trading after hours today, and the bid is at 7 3/4, that means something. i sold some today and i am buying back tomorrow. this is going to be a great year. lots of good news. yahoooooooooooooooooooooooooooooooo!!! BTW where is the 30% drop in after hours trading? it's time to buy stupid!

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