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

To: Cogito who wrote (50398)	3/17/1998 11:58:00 AM
From: HARRY TURNER	Read Replies (1) \| Respond to of 58324

To: All On Money Line last night the rise and fall of Iomega was discussed. One analyst said that Iomega was a one product company whose time had come and gone. The segement concluded by saying some analyst thought that a year from now Iomega should look much better. Harry

To: Cogito who wrote (50398)	3/17/1998 12:34:00 PM
From: stock bull	Read Replies (2) \| Respond to of 58324

Allen, your right, Rocky has made many mistakes, posted wrong/misleading news, said dumb things, etc. The interesting thing, as I see it, so far he's been dead right on the stock's performance. Don't forget, the only thing that counts is the stock's price. So, one must concluded that Rocky is not so "nuts" as many have suggested on this thread. Stock Bull

To: Cogito who wrote (50398)	3/17/1998 12:43:00 PM
From: slipnsip	Read Replies (2) \| Respond to of 58324

Lets take a look at this thread to get an indication of popular opinion and to also get an idea of where we may be heading..... When IOM was 33 pre-split, everyone (with few exceptions) was either extrememly happy holding, considering buying more, buying more, and or buying options. Now at $7 everyone is talking about selling, has sold, and or is talking about leaving forever. This includes most of the long term bulls. Myself included. Yes the situation has changed, IOM growth appears to be slowing if not out reversing, cash flow is again negative, and worse yet they are going to be reporting significant losses. Now lets take a realistic look at the comapany.... The products are in reasonably high demand, I believe that everything IOM sells is sold at a profit. No doubt more drives and disks will be sold in the future. If IOM had too, they could seriously cut back SG&A including expansion, advertising, research and developement etc.... Hunker down and turning small profits draw upon huge credit lines if needed and or look for potential sale of IOM if they didn't think they could come out with new products succesfully. Does anyone think IOM will go bankrupt?? I doubt it. They would have to take some completely irresponsible decisions. I.E. Not curtail advertising, continuing to expand on R&D and plant and equipment for items with no demand etc... In the near term, I believe they will probably continue both R&D and advertising. Thus we have the potential to drift lower as the prospects of several more negative quarters come more into the light. But how far down will we go? As long at they can make a profit on the equipment they are currently selling and they continue to dominate the market place for removable storage, this company has value. Can IOM trade down to $5? Maybe.... Can it drift down to $3?? Highly doubtfull. Much better chance of trading up to $10 in light of any kind of encouraging news........ Right now there is no encouraging news. I will continue to hold..... Probably buy more. (Then again IOM is only about 5% of my total investment cash...) Praying they get it together.......

To: Cogito who wrote (50398)	3/17/1998 1:22:00 PM
From: Cameron Dorey	Respond to of 58324

Greetings, all. My 2 cents, FWIW. (long, rambling, whatever) We have seen nothing but neutral/bad news pretty much since the end of last Q. Some have responded immediately to the news by selling at the open, some the next day, some continue to hold but complain about it. The daytraders and options traders are having a good/bad time, depending on which side of the fence they are on. The long-term holders are being cajoled incessantly by the bears/ doomsayers/ (crooked management) conspiracy theorists. As far as the stock market in general goes, it's pretty much SNAFU. Now, what to do? Well, if you're about to retire and/or if your main source of living income comes from playing the market, it seems pretty clear: get out now, find a new high flyer to put the paltry remains of your "investment" in (anybody remember the "Click & Clack Capital Depreciation Fund?), and eat PB&J for the next few months until you can afford real food again. On the other hand, IF you can afford to have a long-term outlook and IF you still believe that there is the wildest chance that this company can make money (and thus make money for you), then sit on it. When I look back on companies which I have owned and sold, I find that more often than not I have sold too early (years too early) rather than too late, particularly those in the high-tech sector. Usually because things went south, news was unfailingly bad, and I jumped to got out with my skin relatively intact. What companies? Intel, early 80's; Oracle late 80's, come to mind immediately. If I had held on to them, in each of these three cases I would have had at least 4-digit returns by now, instead of 10-30%. IMHO, Iomega is one of those companies. The market for its product(s) is just beginning to get interesting, as evidenced by other companies jumping in, planning to jump in, or testing the water with announcements of "concept" or "imminent product launch." The one to beat is here. Is Iomega a one-product company? Sure. So are Intel (CPU's), Oracle (DB software), Microsoft (PC software) (okay, I didn't buy this one, but I should have), etc., etc., etc. You may well disagree, obviously many do. Be my guest. But, just don't expect me to agree with you that "Rocky's Right!" just because even a blind pig can stumble upon an acorn eventually. I know of NO company more than a year old whose stock price has gone up continuously since it went public. Why should we believe that Iomega was supposed to be the exception? Cameron "for every human problem, there is a neat, plain solution - and it is always wrong."