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

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To: Franco Forghieri who wrote ()9/24/1996 10:02:00 PM
From: hoyasaxa   of 58324
 
Approaching 20. IOMG will follow the market. exaggerated moves in both directions. good day: up 1/2. Bad day: down 1-2. Agree? If so then downside is greater than upside at this point and unless you think the market will boom (maybe. more good than bad so we'll say yes) or that earnings will fly sky high (not -- even if iomg meets thats not good enough considering earnings downgrade) than best to depart.

Me -- In at 25, sold 1/3 at 29, 1/3 position at 17.5 and will hold remaining hundred or so shares without a stop loss (potentialk of being the new disk drive huge enough to bank some $ on).

Thought and comments from you IOMG freaks?
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