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

To: Rocky Reid who wrote (50291)	3/16/1998 8:44:00 PM
From: Ken Pomaranski	Read Replies (1) \| Respond to of 58324

So.. The story's played out. Exit stage left... Three arguments that stand out, looking back: (1) IOM IS a one product company. Therefore, it rose (and fell) based upon the market cycle of that one product. Pull out the marketing textbooks, blow off the dust, and take a look. (2) ZIP was always a 'standard option'. That was the BEST way I've ever seen it put. (look back at the dueling fools post). Computers do NOT need this device. It's a 'toy' (3) The 'early adopter' issue. As the early adopters fall away, all your left with is the OEM ZIPS, of which the tie ratio is very, very small. People who buy them included don't even know what the heck the thing is! Hmm.. those 3 arguments look somewhat familiar... The reason I'm telling you this is to tell you guys to MOVE ON. The PARTY IS OVER. There is nothing left supporting this stock. Institutions.. GONE! KE.. gone! He'll retire rich after this. There will be no money left to do the Clik! This could easily be a penny stock very soon. Good Bye and good luck to all of you!! kp