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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Ron Overs who wrote (2713)10/27/1998 11:23:00 AM
From: Rocky Reid  Respond to of 10072
 
>>Cheers to all of us who had faith! <<

"Had" faith?

First off, if you are investing on a Faith basis, then you are asking for trouble.

Second, your statement seems to indicate that Iomega is Out of the Woods. This couldn't be farther from the truth.

The Bad News is just beginning. Sony HiFD is finally coming out in the next month or two. So is Castlewood Orb. CD-R/RW is rapidly filling user's needs that Zip and Jaz used to. And DVD-RAM/RW is coming on strong. The demand exeeds that supply for DVD-RAM drives right now.

Rest assured, the ONLY reason IOM is rising is because of Comdex Hype and 4th Q sales expectations. This is a Seasonal rise. Reality will once again rear its ugly head. Speaking of which, I'm glad to see that Jock H. is back. He always seems to show up whenever IOM stock rises. But when reality sets in during this December/January, IOM stock will once again fall and Jock H. will slink away, just like last time.