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


To: Robert Everhart who wrote (52144)4/8/1998 6:24:00 PM
From: Naggrachi  Respond to of 58324
 
Do you realize that your just wasting your time?

Zead



To: Robert Everhart who wrote (52144)4/8/1998 6:32:00 PM
From: Jock Hutchinson  Respond to of 58324
 
why ruin everybody's day by bad mouthing
a stock that most of us are in at $ 8.00 +. I
have enough problems in my life


But that's precisely the point. Rocky is making his position very clear. If you are already having a bad day by being "in" above 8+, things can be a lot worse. Your continuing to hold IOM may indicate the worst of all strategies--holding on to your losses and cutting short your winners. Can you honestly say to yourself that the IOM of today is the compelling buy that it was six months ago. Taking a loss is always part of the game and there is no use attacking the messenger.(as funny as the attacks and counter attacks are) One should always be ready to reevaluate one's portfolio and IOM is one company that may need precisely that. Are there compelling reasons for holding on? Yes being "in" for a loss is not such a reason.



To: Robert Everhart who wrote (52144)4/8/1998 6:48:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
Most people here know I am short IOM. Just ask around. I believe IOM is fundamentally overvalued at this level, as it's Earnings are declining rapidly, and serious competition is on the horizon. Sony expects to ship HiFi "in the Spring." This means very soon if true. 2.1 Gig Orb beta units are already shipping, and general shipping is due in the next month or two. Jaz is just plain toast.

6 Million CD-R units are expected to be sold this year, and this figure is increasing rapidly year to year. One of these units will be to me. CD-R media is so cheap now (.99› per disc), that hard drive backup and archiving is literally pocket change. Jaz simply has no chance in cost/MB.

Zip simply will not replace the floppy. Even Micron has dropped Zip as its much-heralded A:drive. IOM's PE is almost at my prediction of 15. But this does not include the upcoming "earnings." When the new losses are figured in, the PE will continue to adjust downward to $4.80 with a PE of 15. Could actually be lower than $4.80 if IOM warns of more losses.



To: Robert Everhart who wrote (52144)4/8/1998 7:35:00 PM
From: Olapet  Read Replies (1) | Respond to of 58324
 
< I got enough problems in my life I dont need you making it worse>

Right on........But in rockheads defense he has stated he is super short on IOM.
Rock is needed on this thread however. Theres gotta be the good and the bad. This thread would suck if we all were IOManiacs. Ya know? Rock plays his role well.
I know its extremely annoying at times (the arrogance also) but rock does keep us informed on certain issues that effect IOM as a company. His opionions are something else.........