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

To: RetiredNow who wrote (52174)	4/9/1998 11:12:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 58324

mindmeld, you said >Why don't you sell, revisit IOM 6 months from now, and if it looks like the smoke has cleared, jump back in?< A good question. Unfortunately, many insist that the same stock that caused a loss should make up for that loss. Our money doesn't care what stock the gains come from. GM

To: RetiredNow who wrote (52174)	4/10/1998 10:43:00 AM
From: John Lacelle	Respond to of 58324

Mindmeld, Good question you ask of Cisco vs Iomega for an investment. One thing I don't like about Cisco is that they have 2 tough competitors. I think both 3COM and Ascend rock...they make great products at about 1/5th the price of Cisco. The much vaunted Cisco is poised for a great fall. Take a look at ASND...they are on the rebound and their earnings are beating the street. As for Iomega, who are their competitors? Syquest does not worry me for they are dogmeat. Sony is a day late and a dollar short. Imation worries me because they have deeeeeeep pockets but I tell ya, I go into computer shops and ask for an LS-120 drive and they don't have em. Its like trying to sell snow cones to eskimos. Iomega is selling a million drives a month. This translates to a major part of the market. The P/E ratio is better than INTC, and better than the computer hardware market in general. You have made up my mind... I will not buy any more Iomega stock...I'm gonna buy some November calls...and lots of em!!! I will fly or die with this baby, boys. Just watch me go!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! -John

To: RetiredNow who wrote (52174)	4/11/1998 1:13:00 PM
From: John Lacelle	Read Replies (1) \| Respond to of 58324

Mindmeld, Just one off topic question: If you could mindmeld with just one person, who would it be? TOPIC BUTTON SWITCHED ON All right everyone, I did some more research. I walked into a computer store and I saw 3 salesmen standing around talking so I asked em some questions: 1) I asked if they had any LS-120 drives for sale. Salesman #1 "No...but we can get em if you want". Salesman #2 "I don't think you want one of those...around here Zip is it..." Salesman #3 "We do have some Syquest drives..." Me: Would that be good for me? I was thinking about buying a G3 computer. All three Salesmen: Chorus of "Uhhhhh...." and "Giggle...snicker" I think this about tells the story. I am going to buy a bundle of Options. I think that Iomega should do some strong sales growth over the next few years just based upon this whole experience. I also had some time to look at all the demos... PC's of course are the cheapest out there. Most bang for the buck but I am so sick of Bill Gates and his clunky software. I really liked the 02 by SGI but for $5,000 or whatever it goes for, I think I should stay on the low end of the ballpark. The "PowerPCs" are pretty good but you really have to trick em out with max RAM and everything to really make em good Net surfers. The G3 computers looked the best, nice graphics, super fast, and with SoftWindows or whatever they call that software, you can run any PC games or apps around. The G3 kind of acts like a mini SGI. This all ties back into the impact of Iomega because it appears that Zip will be the standard disk for Apple. All you need is a CD ROM, a Zip, Softwin, and you can do just about anything a PC user would ever need. Just my humble opinion, -John