Any info about Iomega (IOM)? Message Board

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

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To: Dale Stempson who wrote (52887)	4/17/1998 11:42:00 AM
From: Reseller	Read Replies (1) of 58324

re: I'm truly impressed that IOM is not trading lower than $7. It doesn't get any worse than this. I believe the street had factored in a larger decline in sales. As stated in an earlier post , it appears that at least some of the retail sales are being shifted into the OEM product by the second and third tier OEMs. This would explain the coolness of retail sale and the large increased percent of OEM to retail sales with the second and third tier OEM growing the fastest. At this point it looks like at least until a new ceo is chosen we'll be trading in a shallow range neither up a great deal or down. Personally would buy more if it went down below the $6. range. The danger for the short is, if they find a well known dynamic, proven ceo than we could see a big pop up especially if if happens to be one that the street likes. Good luck Reseller

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