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

To: zalesky who wrote (9399)	4/24/1999 9:41:00 PM
From: Naggrachi	Read Replies (1) \| Respond to of 10072

<<To all: Still a wonder how IOMEGA can be valued at such low levels with all the current and future prospects the company has!>> As a shareholder myself, can't help but wonder, what have you been smoking? IMO, @ $5, IOM is richly valued. Considering that 70% of their revenue comes from a single product that is based on old technology and it's been out in the market for more than 3 years. <<Evidently investors may be cautious at throwing new money at a beaten down issue ahead of a possible 10 to 15% market correction.>> I work hard for my money, you want me to plow more good money after a bad stock? There are TONS of better companies out there than IOM. Companies that you can invest your hard earned money in and know that they'll be around for years to come. What correction are you talking about? We had that Monday. :) >>I've got my wallet in hand waiting of the OPPORTUNITY to add to my current position. IOMEGA - definitely the BEST $5 STOCK ON THE NYSE!!! >> Uhhhmmm, have you read any posts regarding the latest shareholders meeting? Have you considered how Q2 is progressing? Sure you will buy more below $5, keep in mind though, Rocky is taking you money from the other end. Money that he hardly had to work for. Remember, cheap crap is still crap! Zead