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


To: Gary Wisdom who wrote (49529)3/7/1998 6:58:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 58324
 
Here's a great contrary indicator to make you all feel better . . .

In the last quarter of 1997, I was amazed by the sheer volume of Iomega products on the shelves of CompUsa. Also, the shelf space devoted to Iomega products.

And the stock tanked subsequently.

I was in there today. More space devoted to Sparq than Iomega (although Iomega did have an end cap with rather unspectacular pricing).

That is really a bad sign.

Now, the stock will go up.

Why? Cause nothing in this market is logical, right?