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

To: Neil_L who wrote (46980)	2/5/1998 9:56:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Re: Obviously, it wasn't a great buying opportunity," he says from WSJ article posted by Neil. Let's see. Buy at $8. Now at $10.31. That's a 29% return in a week! These analysts are the stupidest mf's I have ever seen. This guy has a sell on the stock. Guess all his clients did . . . at $8!!! One day, they'll get theirs. Unfortunately, I still have yet to find a web site that tracks all of their wrong forecasts.

To: Neil_L who wrote (46980)	2/5/1998 10:59:00 PM
From: Michael Coley	Respond to of 58324

RE: WSJ Article on Loyal On-line IOM Investors. Great article! That's by far the most positive thing I've seen from the WSJ on Iomega. As far as the Advertising budget being $10 million for the first 10 months of 1997, I think that's way off. By my calculations, it was somewhere between $70 and $100 million, which is about 1/3 of SG&A. I'd have to dig around to figure out where I came up with that numbers, but I'm pretty confident in it. - Michael Coley - wwol.com

To: Neil_L who wrote (46980)	2/5/1998 11:31:00 PM
From: slipnsip	Respond to of 58324

""They all think it's the greatest stock ever, the next Microsoft. A lot of people were buying the stock after earnings came out, [as the price was] dropping from 12 to the mid-8s. Obviously, it wasn't a great buying opportunity," he says. Berry rates Iomega a sell."" People were buying as the stock was dropping from 12 to the mid 8's? He must have missed the Gap down where nobody bought. Period the end. Anyone that added to their position has a profit on at least the new shares. SO OBVIOUSLY IT WAS A GREAT BUYING OPPORTUNITY (So far at least). " Todd D. Bakar, an analyst with Hambrecht & Quist, says that the new campaign "raises the risk profile. ... The range of possibilities [for the outcome] is quite broad." " When the stock was at $16 3/4 (split adjusted) I would agree that their was a tremndous risk increase due to the "range of possibilities", but at $8 bucks IOM is a steal. Added what I could afford after meeting my own margin calls at $8 3/16's. As always, taking my chances.....

To: Neil_L who wrote (46980)	2/6/1998 12:27:00 AM
From: Cogito	Respond to of 58324

>>On-Line Investors Loyal To Iomega Despite Setbacks By Carrie Lee The Wall Street Journal Interactive Edition<< Neil - We should send the Wall Street Journal some e-mail congratulating them for doing some balanced reporting. It seems to be unusual for anyone covering Iomega. Sure, there were some quotes from analysts who are down on IOM, but at least the whole article wasn't a hatchet job. I believe Todd Bakar is right. There is quite a range of possible outcomes for Iomega in '98. If the ad campaign works, new products ship and sell well, then estimates will be beaten handily and all will be well. If the ad campaign fails to stimulate sales and there are continued delays in new product introductions, it will be a different story. In my mind, there is no question that the risk levels have increased. - Allen