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Non-Tech : Iomega Thread without Iomega

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To: Dale Stempson who wrote (5802)1/13/1999 7:31:00 PM
From: David Colvin  Read Replies (2) of 10072
 
Dale,

A follow-up to my last post regarding the Rocker Partners "news" release.

I can tell you this much. Between Salomon Smith Barney (who recently initiated coverage on Iomega with a 12-18 month price target of $11), one of the biggest brokerages on Wall Street and the "always astute" Rocker Partners, somebody is DEAD WRONG! and really wrong!!!

It simply galls my *ss how these maggots/spin doctors have relentlessly tried every single trick in the book to make Iomega look bad since late 1995 in order to protect their huge short posttions.....all the way from "cooking the books" innuendos to several buyout rumors to pronouncements that the Zip drive is a "fad" product (one of David Rocker's favorite little sayings). Whatever they can dream up that may look plausible to an unsuspecting investor. Some "fad" product....with over 20 million Zip drives shipped since March of 1995, I believe that the Zip drive is the fastet growing computer peripheral in history, far outdistancing the growth of the CD-ROM.

We'll see how right these bozos are in less than a month,

Dave
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