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


To: rll who wrote (48490)2/22/1998 2:44:00 PM
From: stock bull  Respond to of 58324
 
Robert, I too found a number of misleading statements in the article. However, IOM is suffering from real and perceived problems. The press sure hasn't been a friend of IOM, in fact they have been hurting the company.

The concerns that I have are related to the fact that IOM is "not a good stock". Why? The poor PR, the real problems (law suits, late product introduction, real threats from the competition, no institutional following, a stock priced below $10, poor timing on the stock split, etc. I am reaching the conclusion that one is better of taking a loss in the stock and moving on to another growth company. I just don't see how IOM is going to change their "image", and move the stock up in any meaningful timeframe.

Just my thoughts.

Stock Bull