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

To: KM who wrote (54635)	5/12/1998 2:16:00 PM
From: Dwight Griffin	Read Replies (2) \| Respond to of 58324

<<Gee, they're a model of investing accumen. Hold COMS to 80s then ride it all the way back down, IOM to 55 and down, then to 33 and down, then sell. KLAC to a near double then back down. Shorted DJT at 8.625 more than a year ago, it's still there or near there. And someone is paying for their investment advice? LOL. >> Trufflette, I think you are being a little hard on the Fool. Their model portfolio has done much better than the S&P during its existence. Their 'mistakes' have been more than counter-balanced by their successes.

To: KM who wrote (54635)	5/12/1998 2:16:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

Re: TMF If The Motley Fool has indeed sold the rest of its IOM position, then my prediction has come true. A month or two ago, I predicted that TMF would dump their remaining shares. If this is indeed the case, it exemplifies neither the best, not the worst decision making they have done. It is not the best, because they could have dumped at $15 or so. But it is not the worst, because even they realize, along with me, that IOM is about to receive yet another drastic haircut as Castlewood and Sony enter the fray. They see $4.80 just like I do. This storage-commodity niche is becoming crowded. And the behemoths like Sony, Teac, Awia, and Fuji will win. Smaller players like Iomega will go the way of the Commodore 64, the Atari 2600, and the Coleco-Vision. This is called progress.