Any info about Iomega (IOM)? Message Board

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

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To: John Alan Wallace who wrote (53002)	4/18/1998 4:18:00 PM
From: RetiredNow	Read Replies (1) of 58324

I'm going to cover at $6 because I believe the company will not grow as fast as some people on this thread do. In addition, I think EPS will be pretty low for the next year or so. Also, the fuzzy factors include the fact that there is a lot of doubt and uncertainty concerning this stock. That means people will stay away from it, or move money away from IOM to pursue more certain gains. After all, we are in a raging bull market and there are other companies that offer more reward for less risk. $6 is just the figure I came up with after using all of my own heuristics, formulas, and fundamental analysis. I truly believe the fundamentals have changed for this company. When that happens, I start thinking short term about what I need to do to make money. From that perspective I think $6 is doable. In the long term, things might get better, if the company can successfully execute its goals. I don't know. At this point, I'd rather have most of my money in stocks like LU and CSCO even though they are overvalued. Less risk than IOM. Anyway, good luck.

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