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Non-Tech : Iomega Thread without Iomega

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To: David S. who wrote (7957)3/5/1999 8:53:00 AM
From: Cogito  Read Replies (1) of 10072
 
>>All I have got to say is that this seems to be bear-bull-shit day. IOM is doing about the same as all the Tech stocks lately, particularly the smaller companies, inventor interest has dried up and the prices are drifting down, vacillating, going nowhere.<<

David -

In my opinion, Iomega has done a lot to shake the confidence of investors, to put it mildly, and little to inspire them. For that reason, the stock is not strong during bad times. If management can put together a few consecutive quarters of growth, and continue to manage costs and improve processes, investor confidence will result. Then we won't have to defend Iomega, because it's stock price will.

- Allen
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