Iomega Thread without Iomega Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Iomega Thread without Iomega

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Mel Boreham who wrote (8627)	3/30/1999 3:26:00 AM
From: Reseller	Read Replies (1) of 10072

The boys sure have a hard time being anything but bullish on the company don't they ? IMO the advent of the lower than expected stock price has compelled the rating change. Can't say as I blame them they've had a strong buy out and the stock price continues to drop. Now that they're in a neutral position it will probably rise. I don't agree with their contention that IOM needs more advertising. They own 85% of the market and it doesn't make sense to promote at a time when you know the sales aren't going to be there. This quarter is a known seasonally slow quarter. I would also take issue with their praise of K.E.'s business practices and further feel that it was K.E.'s short comings that hurt the company in 1998. Serik did an outstanding job executing the rescue of the company and I believe that Glore will surprise. Regards Reseller

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next