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


To: Brian Heath who wrote (45327)1/24/1998 11:19:00 AM
From: Rocky Reid  Respond to of 58324
 
>>I am tempted to hold and forget about it for 6 months or so<<

There is a real chance that IOM could start sliding down even more this coming week when all those people on margin have to deal with those damn margin calls. Bigger movers may be waiting to buy in anticipation of this. But buying and holding for at least half a year is probably a good move (not on margin!) even if it does go down more. By then it could be back to where it was before the crash ($12-$13).

I think that Iomega lovers will have to get used to the maturation process of the company, and get accustomed to lower growth rates from here on in.