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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Tom Gebing who wrote (39734)12/13/1997 2:42:00 PM
From: Senthil Sankarappan  Respond to of 58324
 
Great post Tom. Very informative. I guess Bulls here are bit rattled by the last week's drop in IOM's price and the Bears are coming out of the hybernation thinking that this is it for IOM. But when people think logically, they would find out that IOM has more installed base this week Vs last week and so should be a better investment at a cheaper price. So, far the competition has always been imaginary and in the *future* only. I am yet to see some real competition. Each day goes by with out this real competition, IOM gets stronger and stronger and will be a pure monopoly in this sector. I consider them as the
"Coca Cola" of disk drives and i am always surprised to see people giving importance to each and every gloom and doom prediction the bears give to all the emerging winners. I have seen this happening to Cisco in 94 and now nobody even questions about Cisco's abilities. I am betting that same will happen to IOM soon - may be when Sony becomes a pony in their latest Zip Killer product. People should give credit to IOM and its management for all its accomplishments so far and should question themselves about why that winning record should stop all on a sudden.

Heck. Enough of my IOM talk. I think i should spend even less time in posting here since it is the same old issues being discussed again and again. Let IOM start making mistakes and then we can all join the gloom and doom sayers. It is too boring to see the same crap from Bears and IOM coming and proving that the bears are all wrong again and again with their earnings reports. This scenerio has become too repetitive for me being an IOM Bull for such a long time.

Good Luck to all
-senthil