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

To: ISOMAN who wrote (3185)	10/17/1999 11:00:00 AM
From: Gottfried	Respond to of 5023

isoman, LOL! How did you like yesterday's SI outage? Couldn't post for most of the day? We should have this periodically to remind us of life outside SI. :) G.

To: ISOMAN who wrote (3185)	10/17/1999 11:01:00 AM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 5023

The fact is that this is a truly horrible company and an even worse investment bordering on utterly hopeless. There isn't a single thread participant who would put one dime of fresh money in this stock. I feel sorry for those people who have lost substantial sums of money, but the fact is that with only a few exceptions, most were late to market on buying IOM and only purchased it because of its one time stellar price performance. It makes absolutely no difference who Rocky Reid is. Quite frankly, the quality of Rocky's posts are excellent and well reasoned. Moreover, Rocky Reid has been right. The prospect of bankruptcy is very real. Iomega has a so-called component shortage, declining revenues, declining disk sales, no new product line that appears to be providing any significant contribution, and no CEO. Thus, I would urge those who can get out to do so--even if it means getting a lousy twenty cents to the dollar. The only profitable prospect for its future will be a tell all book that describes the rise and fall of the company--one of the first (but not last) mania stocks that profoundly affected the lives of its ebuliant investors. Ironically, The Street.com will also fall into that category as well. Indeed, if Iomega investors have a role in life, it will the first large group of investors who took a documented big time beating in an Internet chat room setting. Like others, I made money on IOM, primarily on the long side, but my recent long at 6 and change is one of the most easily identifiable losers I have ever had. I am out on Monday morning. Good luck and Good Health to All.