Any info about Iomega (IOM)? Message Board

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

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To: Michael Coley who wrote (40402)	12/18/1997 7:21:00 AM
From: Teddy	Read Replies (2) of 58324

William Barker, market strategist at Rauscher Pierce Refsnes in Dallas, said he still expects the Santa Claus rally to arrive, even if it practically has to share the Big Guy's sleigh. "I think it'll start next week and probably carry well into the month of January," Barker said. "I think the January effect will take hold. Money will go into mutual funds in a fairly big way as 401s and pension funds are funded." Barker is looking for small- and mid-cap stocks, beaten down since the Oct. 27 market hoo-hah, to rebound smartly in the beginning of 1998. "After the October break people got pretty nervous, and when they're nervous they buy blue-chip, big, liquid names," he said. "Once we get the investor a little calmer about the economic outlook for next year, I think he'll go back to [smaller stocks]."

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