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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: R. Murphey who wrote (2132)8/4/1999 1:25:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 5023
 
IOM Fading Fast ..now $3 3/4.

Well, here we are. IOM in the $3's yet again. Support has broken at $4 and now we are free to fall down to $2.50 in the short term.

Just bear in mind that IOM's Book Value is about $1.20 and Iomega has no Earnings.. only Losses. Some other disc drive companies in this same boat are trading BELOW Book Value.