Any info about Iomega (IOM)? Message Board

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

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To: s. bateh who wrote (55971)	6/11/1998 11:10:00 AM
From: Rocky Reid	Read Replies (3) of 58324

>>unlike iom that says they will be back in the profits by 4th qt. "if not earlier"...... << B.S. IOM says they HOPE to achieve profitability by the 4th Quarter. Make no mistake, IOM is in deep financial trouble. Deeper than what they are leading on. They are already drawing on their $200 Million line of credit. When this is gone, what next? Will they start diluting their stock shares? The current IOM stock price is following the exact same pattern it did back last Winter prior to Comdex. We all know what happened to IOM after Comdex. The IOM mania and hooplah that was exploding immediately gave way to a realization that all of the Sucker Investors who had jumped on board were being taken for a long ride down to Hell. Don't go to Hell. Don't get involved in IOM.

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