Any info about Iomega (IOM)? Message Board

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

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To: Triluminary who wrote (9444)	10/19/1996 8:26:00 PM
From: bull	of 58324

It means you made an xtra $.062 per share. (Don't spend it all in one place.) It all so means that after the "higher than expected revenues", after being downgraded by everyone including JP Morgan, the stock actually went Down for the day. (Factor in the after hours boost on Thursday less the rise on Friday) JP Morgan sold secondary paper at $35 on this stock-so I now believe that the stock will go to at least $40-$45 next year. JPM has a rep to protect. The question is how much will it dip between now and the next PR boost at next month's show. Or could a killer competitor (Japanese)with new technology be announced at the show? IOMG has gotten cozy with the Japs-allowing them to find out about the insides of IO and how to better IO. Japs love to reverse engineer and improve American products-for less: Notebooks,TV's,CD's,VCR's etc. It's a possibility-the Japs will own the PC market over the next year-they could even own IO by then. Anybody got an intelligent thought on what the trading range will be before the show?

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