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


To: Cogito who wrote (44712)1/22/1998 11:43:00 PM
From: Ken Pomaranski  Read Replies (4) | Respond to of 58324
 
Sorry, I translated 'hiring freeze' into cut backs on R&D. At HP, it
means about the same thing!

I tend to be a VERY conservative investor and will jump at whiffs
of trouble. This way, I don't wake up to half my portfolio
disappearing. I hate playing the lottery!

I see this: Iomega is a one trick pony who's horse is nearing the
end of the race. They are trying everything to get it going faster
to the finish line! (and run another race?) If ZIP demand dries up,
the house of cards will crumble, ruining the future, whatever that
may be.

I'm glad the spin doctors turned this one around. Should give the
shares a boost as the diehards average down, and kick the price
up. I have NEVER lost money on a short. (I will jump in when the
time is right)

I'll say this right now: We'll never see $.14 again (in this century)

Good luck!

kp