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

To: KM who wrote (40624)	12/18/1997 7:28:00 PM
From: Maverick	Read Replies (1) \| Respond to of 58324

S&P does NOT have Iomega at "five stars" Wasn't it recently posted here that S&P bumped IOM up to 5* status? I just got done going thru the 12/18/97 "Outlook", which is their latest. It is also one of the expanded editions where they go thru all of the 5* picks by category such as large Cap, mid cap, etc.; and Iomega was not included in any of them. I'm confused. Surely someone can resolve?

To: KM who wrote (40624)	12/18/1997 7:38:00 PM
From: Teddy	Respond to of 58324

Trufflette, don't give up on that "assumption of a blow out fourth quarter" just yet: Message 3001157 Seems to me that this is as close as The Wall Street Urinal has ever been to saying something nice about iomega. Who was that guy that said: "All stocks are bad, there are no investment grade stocks"?

To: KM who wrote (40624)	12/18/1997 9:31:00 PM
From: Linda Pearson	Read Replies (2) \| Respond to of 58324

Truff, OT I'm waiting!! Linda

To: KM who wrote (40624)	12/19/1997 11:11:00 PM
From: Dale Stempson	Read Replies (1) \| Respond to of 58324

Re: "...would like to hear why you think we aren't going lower." Trufflette, Sorry I didn't have time to respond earlier. To answer your question: 1) I believe the single most significant factor that'll keep a floor on this puppy is the increasing institutional ownership. We've waited quite some time to get to this point and now that it has arrived, we can enjoy the support it brings. (We're simply not used to it). 2) Almost as important is the fact that analysts remain quite bullish despite the recent news events. 3) Also, Iomega's long term prospects remain solid and unchanged while their short term quarterly results should be excellent. We spend countless hours on this thread discussing the competition, doing TA, reviewing fundamentals, running scenarios, etc, etc. While we can be certain in our own minds of what should happen with this stock, it means almost nothing without the backing of analysts and institutions. IMO, we have very little impact on the price of IOM and remain slaves to much larger forces at work. While IOM could continue to go even lower due to general market conditions or some unexpected news, with these folks on our side coupled with the ability to take a hit without bailing, short-term pull backs will be followed by higher highs. Regards - Dale