SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: sheila rothstein who wrote (51508)3/28/1998 1:54:00 PM
From: Hunter Vann  Respond to of 58324
 
www3.techstocks.com

Thought he was shorting..



To: sheila rothstein who wrote (51508)3/28/1998 2:28:00 PM
From: robert read  Read Replies (3) | Respond to of 58324
 
To: +FastFreddie (1136 )
From: +Pete Bilden
Friday, Mar 27 1998 3:53PM

OK we are adding Iomega Corp (NYSE IOM) to our 1998 Stock picks.
Yesterday the President resigned and the stock came down from 7.50 to
7. The street saw this a negative, however I see it as positive. I hear
that several major Brokerage houses and Mutual Funds are slowly
accumulating. There should be a BUY recommendation from these Houses
after they have finished accumulating. The stock could go down to 6.75.
There is no rush so be patient and let the stock come to you. 12-month
target is 18 maybe higher. I also hear that the Demand for the product
exceeds the supply available.