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Non-Tech : The New Iomega '2000' Discussion Group

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To: D.J.Smyth who wrote (918)6/22/1999 12:10:00 PM
From: Reseller  Read Replies (1) of 5023
 
Darrell, >>odd that IOM expected more revenue from clik! than SNDK made all last year and the market is valuing SNDK market cap from their small revenue of $145 million revenue at $1 billion plus. IOM is still selling 1 million zips a month.<<

This is a most revealing statement isn't it, amazing, and the shorts will try to tell the market that IOM is overpriced, according to the latest good cop bad cop routine that Besecker from Emerald Research put on. This is the second show that they've put on and a pattern is being revealed. These are the same guys that pumped IOM up bigtime right before the split and subsequent fall. In anycase this latest round of short bashing compiled with an earnings warning and little in the way of news looks to have no downward pressure on the stock price.
I can't think of anything more that the shorts can come up with.


Regards
Reseller
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