Any info about Iomega (IOM)? Message Board

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

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To: Ken Pomaranski who wrote (53788)	4/28/1998 7:32:00 PM
From: Gary Wisdom	Read Replies (2) of 58324

This from thestreet.com re: H&Q conference and Iomega The Pain, the Pain! The Disk-Drive Pain! The disk-drive industry still hasn't quite recovered from last October's tech selloff. That's probably why attendance was sparse for such disk-drive names as Seagate (SEG:NYSE) and Iomega (IOM:NYSE) Monday. One interesting company in this space, however, is Quantum QNTM:Nasdaq), which presented Tuesday morning. That says it all. I sold my Iomega last week, not because I don't think it could be a great performer by year-end, but because I can't stand to watch it go up or down 1/8 each and every day. No money managers care about this stock at present. It's going to either take a buyout or at least 2 more quarters with good reports. I just can't wait that long when stocks like Amazon go up $13 in one day. (Ever notice that yes it goes down too, but it has never gone down nearly that much in one day). Sure beats watching paint dry.

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