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

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To: CookiePuss who wrote (8963)10/16/1996 11:06:00 PM
From: Guy Gordon   of 58324
 
Mike: It just depends on the Wall Street whisper number, and on whether IOMG is still a momentum stock.

PAIR, CSCC, SUNW, etc. went down after reporting good earings. Some say it's because they didn't meet some whisper number. Others think it's just momentum players getting out at any slightest sign of weakness.

I don't know WHAT the whisper number is for IOMG. BTW, don't buy that bull about a MF whisper number. There is NO SUCH THING. For one thing, you can't *whisper* on AOL. :-) Seriously, a whisper number is between Wall Street analysts and brokers. Earnings estimates on the MF might set expectations for you and me, but THAT's IT. You would not BELIEVE the contempt Wall Street has for individual investors, especially those on the internet.

So what will IOMG do after earnings? I think it will go up. (Warning: I ALWAYS think it will go up.) I simply can't make short term price predictions. That's "can't", not "won't". Like most everyone else here I'd be glad to spew out a number. It's just that it would be worthless. :-)

FWIW, I have not yet sold a single share of IOMG.
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