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

To: sheila rothstein who wrote (3016)	10/1/1999 1:25:00 PM
From: Ken Pomaranski	Read Replies (2) \| Respond to of 5023

<< In your opinion what will it take for them to make money in the next year? SR >> Basically, I got back in because: 1. I do believe that the ZIP line has more intrinsic value than the current stock price would reflect. 2. Outside PC uses of Iomega products are interesting. 3. Iomega stock is highly cyclical 4. All the bad news is out. Yes, Iomega does have some major problems, and I could list over 12 off the top of my head, but the Risk/Reward in the low 3s is positive. I also would say that I treat my stock trading as I do a business.. I am very serious about it, and I hate losing. I don't enter positions lightly. I've been waiting for 2 1/2 years to get in... To answer your question: It's hard to say. They need to get their house in order first (i.e. only keep profitable or potentially profitable businesses) then start growing the top line. I have some ideas.. Maybe they should hire me as their new CEO ;) Good Luck! kp