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


To: D.J.Smyth who wrote (5491)1/6/1999 4:56:00 PM
From: BBG  Read Replies (1) | Respond to of 10072
 
>>>Could you qualify "going anywhere". <<<

Darrell...

What I mean is that I don't think IOM has and isn't going to be doing anything like whats going on with the rest of the "Tech / DD" sector which if you go back a bit further, are almost all up over 30%... IMO, IOM's 17% rise is disappointing when you look at what the over all market has done lately (today is a good example)and with all of the positive news and developments with IOMEGA... i.e. CLIK! shipping, ZIP 250 shipping, Syquest bankrupt, Sony HiFD delayed, New CEO, Comdex, etc... IMO none of these developments has had the kind of affect they would have had with just about any other company that had any credibility with the Street/Institutions... All of these positive things have happened and the stock continues to do it's up 1/8 down 1/16 thing... If IOMEGA has a good qtr. I think we'll see the stock move up to around $10... If they disappoint it will languish in the 6's and 7's until it gets its act together... Selling TONS of product isn't going to do it... gotta make money... (or announce IOMEGA.COM)

FWIW I think IOM will have a decent qtr.

JD