Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Rocky Reid who wrote (51650)	3/31/1998 5:35:00 PM
From: go4it	Respond to of 58324

FWIW Firstcall is still showing IOM as a buy. I think that once people start seeing that the stock has been over sold they will be back. From the little action that I saw today it appeared that somebody already sees that. I don't know where IOM will be 5 years from now but right now it is over sold and is a very good buy.

To: Rocky Reid who wrote (51650)	3/31/1998 6:15:00 PM
From: Shane Stump	Respond to of 58324

The problem with your view of where IOM is going is that you are discounting any R&D they may be working on. I doubt IOM is going to ly still and try to live off the past forever. Shane Owner of 5000 IOM shares now

To: Rocky Reid who wrote (51650)	3/31/1998 7:10:00 PM
From: Olapet	Read Replies (2) \| Respond to of 58324

Hey Rock... All valid points im afraid...But Mr. Stump brought up a valid point as well dealing with the reality that IOM isn't going to take all this competition, etc...lying down...They will come up with new products as well....As far as the "Iomega" name as a name brand goes...im not sure its going to hold up to SONY. That is a powerful name..anyways.... In your opinion, Do you think IOM will get a look at $10 to $20 dollar a share mark within the next three years...

To: Rocky Reid who wrote (51650)	4/1/1998 9:30:00 PM
From: Joseph	Read Replies (1) \| Respond to of 58324

IOM long-term outlook: Rocky, I think your arguments are quite sound. But in the real long-term, say 10 years plus, I think removable storage is going to just go away. Instead you will have internet plugs all over the place, just like electric plugs of today, and you will just transfer data from your laptop or whatever using high-speed internet. Laptops will still probably need some removable storage, but a lot of people will just use cordless telephones to dial-in and transfer data, or to browse the internet. If you look at how far we have come in the last 10 years, and understanding the exponential growth rate of the industry, it is fairly obvious that removable storage is going the way magnetic tape storage was replaced by hard disks in the 1980s (i.e. it was rapidly relegated to the low-priced, low-margin, low-growth niche market of backups and backroom storage). All that IOM will have in a couple of years is a "leadership role" in a fast-shrinking market (in dollar terms), and zero, if any profit growth. That is, unless IOM aggressively diversifies into other areas where there is some growth, instead of just making Clik-ing noises. Joseph