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Non-Tech : Iomega Thread without Iomega
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To: Blackmarlin who wrote (6820)1/26/1999 11:50:00 PM
From: Reseller  Read Replies (1) of 10072
 
Tom... I not so sure that had Jodie presented IOM's position
differently that it would have made much of a difference. Been through this too
many times, even with a stellar performance in the last quarter IOM gets
hammered it's truly a testament of the stranglehold on this stock.
I would suggest that the volatility of this issue is precisely due to the success of their
product line. Without this acknowledged success there would be little interest and
the stock would probably be valued higher than it is today. IMO
we will continue to have a shakeout of weak hands and don't expect
value improvement until we receive news.

Despite what some would say there does continue to be fundamental improvements enough to IMO support the perceived potential of the company. That is why on the quarter there's a run on the issue in anticipation of a fundamental breakout. Even though it wasn't something that I wanted to hear the company was obligated to reveal the assessment of a weaker 1Q, hopefully resulting in more main street analytical support. Of course I could be all wrong but I'm not ready to concede the demise of the company on the contrary bought some today and will continue to do so as this opportunity develops, On to the next quarter.

IOM goes on sale to those that would profit.

Regards
Reseller
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