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


To: Teddy who wrote (41837)12/31/1997 1:25:00 PM
From: Naggrachi  Respond to of 58324
 
For the record, these guy's were not confrontational at all. They weren't wearing their fool caps, either. They were wearing those midevil things that you see on TMF website. Looked kind of dorky, if you ask me.

Did they correct him? As to IOM not making any money next year? They explained how this company went from $150MM to $1.5 billion in sales in a matter of 3 years. Furthermore, they continue to hold the stock for the long term because the future is bright. They stated again that they like consumer electronic company's like IOM, AOL, AMZN. They said that they invest in companies that they understand and these companies they understand very well. It's a great growth company, he said. David also added that IOM was a company that was discovered by the small invester WAY before the street got a hold of it. Which further demonstrates the power of the net and that the individual investor can do OK without the handholding of the full service brokerage houses or influence of analyist.

The above is not in exact word, just my take on interview and recollection.

Zead