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

To: Mel Boreham who wrote (57194)	7/15/1998 4:25:00 PM
From: Keith A Walker	Read Replies (1) \| Respond to of 58324

Nice bump up by 1/8 at the end of the day. Any particular reason? Anticipating better than expected earnings (lower than expected loss)?

To: Mel Boreham who wrote (57194)	7/15/1998 4:39:00 PM
From: Robert Skinner	Read Replies (2) \| Respond to of 58324

It's been a while sence I last posted. But I have been buying IOM from 5 9/16 up 5 7/8. Looks good to me. at the end of this post ill write what I have been up to and a little about bud. But for now what about IOM. I see this stock as undervalued. With this low pe and the likely hood of iom being able to replace the out dated floppy drive I can only see upside. Earnings at this point don't bother me much. My reasoning goes something like this. I have not used my 1.44 disk drive for months maybe years. I see no reason for the 1.44 floppy drive. But I do use my Zip daily. Iomega does have the commanding market share of the supper floppys so it's still the likley replacement drive. So the question to ask in my mind is when will the out dated floppy be out of new boxes. It's just a matter of time. I also don't see the CD RW being a replacement due to cost and slower speeds. I allmost see IOM as another AOL when aol announced price reductions and people started to sue them becouse they could not log on, The differance here is IOM is selling more to OEM's than the general public so it's margens are down. But it's gitting the ever expanding base. So for me I see the floppy replacement as just a matter of time. I have the patients for the kind of return this will mean. Long and Strong on IOM. Earnings at this point I just don't care. Heres what I have been up to latley. I sold the Accob I was telling some of you about. I still like Accob but found better places to put my money. I think the bud strike is still possable and there should be another vote count out by the end of the mounth. I think there is a better than 50% chance the contract will still be voted down but i'm not sure anymore if that means a strike. I holding CDWI and AIMS in place of accob. These stocks have been rockets. I'm holding looking for much more with CDWI and AIMS. If you have the time you might take a look at these they are Exciting stocks. Best to all ya you to Rocky Bob