IOMG, NOT Magic Corp but the original ticker for Iomega before it hit the big board and morphed to IOM.
I've always considered Iomega the first internet stock sensation.
Before the internet, then called the www, became prominent, there originally was what we know call Usenet with clumsy bb's. The first terrific stock mb's were on Prodigy and CompuServ.
But AOL's gui blew the primitive interfaces of the others away.
The Gardner brothers introduced dumbed down investing to the masses with their Motley Fool. Soon the MF mb's were more popular than AOL's own.
When the Gardners added IOMG to their model portfolio, an absolute feeding frenzy occurred. Since discussion of short selling was banned, there was little discussion of the negatives.
Herb Greenberg, then at "The SF Chronicle" was pass
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