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Technology Stocks : USAT Long Distance Telecommunications
USAT 10.560.0%Nov 4 4:00 PM EST

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To: Anthony@Pacific who wrote (339)2/14/1999 1:21:00 PM
From: jim0z0   of 397
 
My point with Iomega is that it changed the way we save and move data - a revolutionary product at an amazing retail price.

I believe Iomega never got above the $25 to 30 range, not $39. Even so, to be at $6 today, it has come down quite a bit. The shorts had alot of fun with it over the years. Momentum players moved it up and down alot.

We will see if USAT turns out to be young Iomega - a company whose stock rose and fell dramatically - a company whose products fundamentally changed a major market - a company where controversy swirled around because they were changing major markets and a threat to much bigger companies.

The truth will prove itself.
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