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


To: BeachBum who wrote (56516)6/19/1998 8:49:00 AM
From: Bill Lin  Read Replies (2) | Respond to of 58324
 
Cramer is good. Most often he is right (90%)
but every once in a while he is wrong.

I think if IOM is serious about being a STORAGE company, and they do what is needed, they will be taken out, or be profitable (not hugely)

will take 2 years however,

BL



To: BeachBum who wrote (56516)6/19/1998 9:17:00 AM
From: Daniel Liberty  Read Replies (2) | Respond to of 58324
 
This 9:30 CNBC interview should be great. Cramer will not shrink from the hard questions and, I hope, the CEO has the right answers.

The part of IOM I find hard to understand is that it appears that their business is great. Their profitability is terrible. They appear to be trying to execute the AOL model of dominating their market at the expense of profitability. Unfortunately, Wall street doesn't buy it.

Good luck to all.

Dan