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Non-Tech : Any info about Iomega (IOM)?

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To: Franco Forghieri who wrote (7)10/29/1995 3:43:00 PM
From: Ken Marcus   of 58324
 
Franco, if you believe as I do that IOMG will make .50 in the 4th quarter
then the stock price will shoot to at least 30. I believe it will hit
$40 by January. The stock price isn't high in my opinion. I got in at
20 1/2, 21, and 26. The competition is playing catch up, Iomega is forging
ahead with new products. And, I believe that if it has to Iomega can drop
their prices substantially; their technology is more like floppy drive
technology, this is much cheaper than the competition's (Syquest) which
is more like a hard drive. That's one of the reasons why Syquest lost
so much in the 3rd Quarter.

My opinion,

Ken
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