SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Imation (IMN)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wsk who wrote (59)11/22/1998 3:11:00 AM
From: maaad   of 103
 
What was your reason for initiating your small position in May?

My opinion on this company's future is that it is uncertain but has great potential.

This company sold one of its' only profitable divisions this year. I think they did this because they realized that the potential earnings of becoming the new standard in the removable disk storage market was worth the risk. They manufacture the "Superdisk" which is similiar to Iomega's Zip disk. I think that it is prudent to have positions in both company's stock because even though Iomega has a substantial lead in market penetration and name recognition, Imation has ties to significant cash, manufacturing, and human resources as they are a spin-off of 3M company. For more info go to the Iomega thread as it has a significant following of investors both pro and con.

maaad
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News