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

To: Michael M who wrote (52075)4/7/1998 2:06:00 PM
From: stock bull  Read Replies (2) | Respond to of 58324
 
<<The likely story is IOM is feeling someone else's pain today.>>

Michael, don't understand the difference of feeling someone else's pain today or your own pain....IOM is down 5+% today, and seems headed for lower lows. IMO, IOM is dead money for some time to come. I don't see anything good happening to the stock until they hire a new CEO and see a business plan that clearly shows how the company is going to turn around. Of course, the analysts must be sold on the plan...not an easy job for IOM. In the meantime, Sony is getting closer to releasing the HiFD.

What I don't understand is why everyone doesn't cut their losses and move into a stock(s) that have much better potential for appreciation.

Stock Bull



To: Michael M who wrote (52075)4/7/1998 2:07:00 PM
From: Jock Hutchinson  Respond to of 58324
 
Three stooges? As long as it's not Larry, I consider that an honor. If you think my criticism is limited to IOM, you are wrong. I think MOT is the most disgracefully run large high tech business in the world. Chris Galvin doesen't have enough brights to run a string of gas stations in the Florida Panhandle.


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