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


To: Dale Stempson who wrote (50539)3/17/1998 11:18:00 PM
From: Linda Pearson  Respond to of 58324
 
Dale, <It's all a matter of percentages and how much you invest.>

Well aware of %...

My point is, which I guess I will elaborate on, is that the price here pretty much reflects an injured company that needs to prove itself....for several quarters....

Battered by lawsuits, uncertainty of profitability, which has NOW been announced..., Rocky will have to be paying margin...waiting for some downside movement,which, knowing him....greed will set in and he won't cover, and then he'll end of buying back at a higher price.

Not there there aren't those that have their short act together...and can profit from an eighth, quarter, half. But, I don't see that in his case...

Linda