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


To: Jeff Loughlin who wrote (48117)2/18/1998 10:21:00 AM
From: Rocky Reid  Read Replies (2) | Respond to of 58324
 
Speaking of yawns, IOM is down 1/8 point right now. Talk about a dead one.

After next earnings, when Iomega misses its numbers by .02›, the stock will stand a good chance of falling to the $6's.



To: Jeff Loughlin who wrote (48117)2/18/1998 10:51:00 AM
From: InvestorTim  Respond to of 58324
 
More Law Suits!

If anyone has a gripe I should. I bought into this company again at the presplit highs and have been averaging down since. In other words I am down bigtime! But I originally purchased IOM because of their past growth in sales and earnings and their future potential. I will concede that the management has not made strategic moves to improve stock value. It seems that KE is more concerned with internal matters and improving operations and sales. HUmmmmm I can't argue if his work pays off. I have owned zip products and don't agree with some that they walk on water. But I have never had a problem with any IOM products. Nor have I ever known someone to have a technical problem that couldn't be solved through a little investigation. IOM's support is above average in my opinion. My point for telling my experience is to say that investors enter at their own risk and any operational decisions made by a company that effects stock value is just part of the risk. Don't blame it on someone else all the time. I have a son like that and it makes me want to spank his little behind when he acts that way! We all knew that a few insiders sold some shares before the stock price fell. It was discussed in conference calls and also on the web. I had ample opportunity to consider the implications of their selling and didn't sell myself. MY FAULT not someone else's.

Still holding,

InvestorTim