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Non-Tech : Iomega Thread without Iomega
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To: Rocky Reid who wrote (4065)11/14/1998 7:33:00 PM
From: Herb Fuller  Read Replies (2) of 10072
 
Rocky ,

From one Short to another .
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Black eye for Iomega

1. Great product, market saturated. That's analyst J. Michael Pinson's take on once-high-flying Iomega Corp

2. Iomega's Zip drive shipments are up 39 percent.

3. Expenses and inventory are down.

4. But Pinson writes that Iomega is still not a good buy

5. The Zip and Jaz drives the company makes may be great products, but once you buy one you don't need another.

6. Pinson says that, unless Iomega can develop a new product line, it is no more than an $8 to $12 stock.

cbs.marketwatch.com
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