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Non-Tech : Any info about Iomega (IOM)?
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To: Fred Fahmy who wrote (3024)6/15/1996 1:33:00 AM
From: Bob Logan   of 58324
 
IMHO...

...There are only TWO THINGS, in the short-term, that will drive up IOMG's share price:

1. An OEM announcement with APPLE.

2. The announcement of strong, positive 2Q numbers.

I am LONG on IOMG, but let's face facts, kids -- the days of 150-350% profits within a few months are over.

My own (time-tested) analysis still shows about 60-75% profit gains by year's end. And that ain't hay!!

BUT, it may be a letdown for those "late to the show" who were expecting to double or triple their money in a very short amount of time -- or to those who are "spoiled" on such quick gains.

Now... we should all DIG IN FOR THE LONG HAUL. It will certainly be well worth the wait -- but don't expect profits that look like TWISTER.

Instead, I'd expect something along the lines of a nice BREEZE. :)

Again, IMHO.

Bob "Long on IOMG" Logan
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