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


To: s. bateh who wrote (51377)3/26/1998 9:02:00 PM
From: AKR  Read Replies (2) | Respond to of 58324
 
Hello All!! I'm up here in Canada and so haven't really been following Iomega's stock. I consider myself somewhat of a contrarian investor. Is this a good time to be looking at this stock when its at its 52 week low or is this company near ruins. Any comments appreciated..



To: s. bateh who wrote (51377)3/26/1998 10:25:00 PM
From: slipnsip  Read Replies (1) | Respond to of 58324
 
"Hear Hear!!!!!all good points.....long and strong"

For the record, I am still long. Will probably add significantly (double to 10% roughly) if we drop anymore.. I have to believe we get a pop with the new CEO and the inevitable announcements of new directions, no doubt geared to what the street wants to hear. This is still a real company trading almost like a dang penny stock. The amount of revenues, cash, and credit lines will keep me in.

P.S. I will turn the lights off...