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Non-Tech : Iomega Thread without Iomega
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To: Cogito who wrote (7074)2/5/1999 10:55:00 PM
From: Buster O. Hype  Read Replies (3) of 10072
 
NOW YOU GOT ME MAD BY CALLING ME ROCKY.

First of all, I have no position in IOMEGA ... bought it a few times, shorted it a few times, but none now.

If you really love this stock, question you've got to ask yourself is where the growth is going to come from. If IOMEGA couldn't get its act together now when they don't have much competition and the cost per megabyte of their media is much much more than regular drives, what will happen when all these other companies start making generic drives. You can buy now a complete PC for $500. The biggest growth in PC's will be in this area. How could you convince somebody to spare another $200 for a removable 100-meg storage?

SO WHERE WILL IOMEGA GET ITS GROWTH???

I do hope IOMEGA goes to the teens so I can initiate a short position.

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