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

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To: isdsms who wrote (49323)3/4/1998 8:57:00 PM
From: Naggrachi   of 58324
 
<<Cpq has already been punished. May drop to 27. I hope no further>>

$25 is the bottom on CPQ (split adjusted,) look for it to test the bottm. CPQ's stock is broken down and is in a downward trend. I had a buy order at $33, however, the stock went to $36, called my broker and cancelled the order. I'm so glad I did.

Now is the time to buy, although, not necessarly tomorrow. I expect in the next couple of weeks to be like October, although, not as severe.

Tomorrow action will be interesting. I think, that things will look rather bleak in the a.m. and turn slightly positive towards 4p.m. However, I'm expecting many companies to follow INTC as we near the end of Q1.

Like I said, now is the time to buy.

Zead
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