Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Wisdom who wrote (49458)	3/6/1998 8:23:00 AM
From: BBG	Read Replies (1) \| Respond to of 58324

GARY... >>>My advice FWIW to my friends on the thread . . .<<< I'm only and "aquaintance" but I appreciate and listen to your advice all the same... Kinda scary though as about 40% of my portfolio is in IOMEGA... gulp... I'm going to stick with it though... risky business I know, but the payoff could be substantial over the next 3 - 5 yr.s just as the loss could be... I'm with Linda P. though, when she says in her profile quote... "You'll never have a chance unless you take a chance" I'm not trying to put IOMEGA in the same class of company as INTC or MOT but it seems like they go through the same cycles as our problem child... i.e. Miss estimates and tank, stagnate for a while and then rise with the market, Tech. slow down in Asia they drop with the rest of the market, competitors come out with cheaper, faster products, etc, etc, etc... What's the big difference between what's happened to IOMEGA lately and the cycles that INTC, MOT and just about every other Tech. stock seems to go through? Especially given IOMEGA's relatively young age and the fact that it's products are just now starting to be widely accepted and that the brand name ($100 million advertising) is just now beginning to become a "household" name among the "computer community"... ??? I really don't want to be classified as an IOMANIAC but I honestly don't get it when such smart people (Rockhead excluded) are so down on this company? Or is it just the "stock" that you're down on? Or is it just the difference in time frame? I'm prepared to give IOMEGA 3 - 5 yr.s to get their shit together and go critical mass (unless they get bought out)... it seems like your whole opinion is based on the last and next couple of months? Thanks... JD