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


To: Cogito who wrote (47893)2/14/1998 3:37:00 PM
From: stock bull  Respond to of 58324
 
Allen, thanks for your response. I agree with your analysis, and IOM certainly is a "broken" stock at this time. The future will depend on the financial performance and growth of the company. My major concern is that the longer it takes the stock to move up, and perform as if IOM were a high growth company, the greater the threat to IOM's stock and the shareholders. Why, competition moving in on IOM. Nomai's court victory is a good example of this threat.

I too, have spent my career in the computer industry, and I can vouch that technology alone is not going to make a company a success. Many other factors go into the equation for success. IMO, IOM has not hit critical mass, therefore, the company may yet lose the race with respect to setting a standard within the industry. I also believe that a company's technological performance, even it's financial performance doesn't always guarantee success on Wall Street. If the analysts and institutions don't pick up the stock, nothing will happen.

I for one sure wish this thread would become less of a "chit chat" posting area, and one more useful to investors looking for facts and timely information on IOM. Sure is hard to wade through all the small talk posted here.

Again, thanks for your informative postings.

Stock Bull