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Non-Tech : Iomega Thread without Iomega

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To: FuzzFace who wrote (7825)	3/1/1999 1:06:00 PM
From: Ken Pomaranski	Read Replies (1) of 10072

<< Ken, who do you think you're fooling? You wouldn't buy 1000 shares of IOM if they were a buck apiece. >> Oh yes I would! I'm out to make a buck too, you know! Every stock has a price where it can be considered cheap. Money and emotions don't mix too well... kp PS: Actually, I would buy it for 4 or less given the current fundamentals. If they changed for the worse, who knows? Remember, Syquest was 'cheap' at 1, but I wouldn't have touched with a 1000 foot pole. There is no doubt in my mind that Iomega 'could' be the next Syquest if PC prices keep falling, but this is rather unlikely at the present time. But I would say it's as likely as ZIP replacing the floppy AND Iomega making money while doing it. (No doubt they would replace the floppy if they sold them to OEMs for $18 a piece...)

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