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


To: Dale Stempson who wrote (50320)3/16/1998 10:37:00 PM
From: zalesky  Read Replies (1) | Respond to of 58324
 
TO ALL: I was a previous Iomega shareholder who
made a killing in the stock in 96 after selling
at 42. I've watched as my Iomega has been lambasted
in the press and on Wall Street. Today, I finally
had the courage to buy some in the low 7s. I feel
good about this entry point and consider IOM to
be about 100% below value. Major resistance is
about 7 and it looks like most of the bad news
has been factored into this fallen angel. Don't
be fooled by the naysayers and other pundits-this
company is down but NOT OUT!!! The marketing should
be scaled back and the bucks put into R&D. I wouldn't
be surprised to see their losses actually a little
lower than thought come earnings announcement. Good
Luck to us all and...LETS MAKE SOME $$$!!!!!