Any info about Iomega (IOM)? Message Board

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

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To: tombet who wrote (56961)	7/1/1998 12:33:00 PM
From: Herb Fuller	Read Replies (1) of 58324

tombet , Re:>>>The market is a two way street . <<< Prices go up and prices go down . To the short sighted traders this is not true . To them the prices are always falling . Often to their dismay the market goes against them two thirds of the time . They still don't get the big picture . The short sighted traders feed on the negative news and when the news turns positive they are trapped and will help push prices even higher than they would normally go as they have to return the stocks that they have borrowed " or go to prison " . With above being said , Zacks estimated an EPS growth of 25.00% per year on 06/30/98 for RDRT . This being the case , Iomega is in a position to increase at even a greater rate than Read-Rite as they will be ramping up the Zip and Clik products going forward into the next four quarters . exchange2000.com Herb

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