Iomega Price (11/23/99): $3 7/8
Is it still hip to be Zip? Iomega (NYSE: IOM) has been faltering in recent popularity contests. The Roy, Utah data storage specialist was once the toast of Fooldom. What will tomorrow bring? Not all Fools agree.
Rick Munarriz (TMF Edible) and Paul Larson (TMF Parlay) are Dueling Fools. Rick thinks the shares have bottomed out. Paul thinks there is still time for bailing out.
Once you've clicked past Clik! and completed the Duel, why not reopen the toy chest to see who won the Hasbro (NYSE: HAS) bout in ourDuel Flashback.
You Get to Vote!
Once you've read the arguments and the rebuttals, it's your time to cast your vote. We'll tabulate results each week and revisit them from time to time to see whether you were right! As always, we invite you to join us in the Dueling Fools Message board to continue the duel.
[Any suggestions, comments, praise, or flames, please send them along to the Dueling Fools Team.]
Panning for consistency on Wall Street is like sending a chameleon into a Crayola box. Things change. Iomega is living proof of that roller coaster sentiment. This is an exciting time to believe in Iomega again. With a marketing mastermind at work, it appears as if Iomega is about to deliver. And, lookie, the chameleon has just stumbled onto green.
This Duel isn't the first where I've written the bearish case against Iomega. And like last time I suspect my opinions will not be much more popular to the Foolish community this time around. Nevertheless, I have every reason to believe that the company and the stock will continue to head the same direction it has over the past two years -- down.
Results for the Microsoft Duel
|I can't make up my mind||
|TMF Verve's Bull argument||
|TMF Gibson's Bear argument||
|They were both excellent||
|They were both lame||