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

To: Rocky Reid who wrote (51658)	3/31/1998 8:59:00 PM
From: jackdog	Respond to of 58324

<<<< It may be beneficial to listen to an opposing voice rather than the usual "IOM RAH! RAH! RAH!." A lot of the people who used to laugh do not laugh now. They are much poorer from IOM, bailed, and not here anymore. I give you 2 months. <<<< Can't speak for those who have left, I just got here and the first thing I noticed was your posts splattered all over this forum. Obviously you've been scalded by this stock and are hanging around in some desperate attempt to recoup your losses by spreading FUD. It doesn't take much to figure that out. You are obsessed with this puppy, as evidenced by your response time. For the record, less than 1% of my portfolio is in this stock, as it is too risky @ this level either short or long. But it seems to me that if the CEO abruptly quitting didn't drive this to $5 nothing will, the downside is far outweighed by the potential. Jack

To: Rocky Reid who wrote (51658)	3/31/1998 9:12:00 PM
From: Brendan2012	Respond to of 58324

Rocky, you have been right recently, yes, but you're being too smug about it. You were wrong plenty last year, especially around the time the two bears here were you and Joel Sternberg. Also, you may be right now, but mostly for the wrong reasons. I can't remember many particularly well reasoned arguments last year from you. I'd say the main reason the stock has plummeted is the $1000 computer, and I don't remember you beating that issue into the ground. We all knew that the cheaper computers didn't include Zips, but I don't think even you had guessed that they would occupy such a large segment of the market now and put such pressure on the box makers to strip down their models. I know I wouldn't have guessed that pricing pressures would become so huge in the PC industry that the $1000 computers would force higher end models to cut components such as Zip drives. I had always thought that Zips would migrate slowly into the lower end. It sure looks like I was wrong now. Brendan