Any info about Iomega (IOM)? Message Board

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

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To: Rodger Wenzel who wrote ()	10/3/1996 4:37:00 PM
From: Jeffery E. Forrest	of 58324

Rodger c'mon don't be advising people to throw away $$$$. You must be crazy to be advising people to buy now as it will be available at much cheaper prices shortly. This pup is very overbought and in a downtrend. Don't fight it, just be patient, let nature take its course and pick up shares at 18-19 later on (maybe much less if earnings don't come in BIG). The trend is your freind, don't fight him. Also NEVER buy a stock with a P/E above 50 so close to earnings report. Risk vs Reward ain't worth it. If earnings come in good you may miss out on a point or two on the way up, if they disappoint you lose 10-12 points overnight in the aftermarket. BTW Paul Revere never did that ride. It's a popular American Myth.

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