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


To: John Alan Wallace who wrote (54747)5/14/1998 8:05:00 PM
From: Daniel P. Dwyer  Respond to of 58324
 
Mr. Reid may not be smart, then again he may be. But so far you can't prove he's not by IOM's stock performance. BTW, by the way I am long IOM, and underwater. There are two ways of looking at this stock. 1. IOM's technology has peaked, and although dominant right now, could be whacked off its perch. 2. The competition may have superior technology, but it's far from proven in the market place the way IOM's is. So far, I am giving the nod to 2, because I don't think the oems would relish betting their future on something unproven, when the safest course is to go with IOM. The one who wins the battle is the one who arrives on the battlefield "firstest with the mostest." IOM is doing exactly that with its current promotion, and btw trying to convince oems that the battle is nearly over.
Then again, the market is skeptical, as represented by the price and low volume.
Dan Dwyer