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

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To: ricktang who wrote (2523)6/6/1996 10:54:00 AM
From: Joe Rizzo   of 58324
 
This is the moment of truth. If Iomega is for real and revenues for this quarter are running at 300 to 350 mm as the bulls believe then smart money will definitely step in at 35. If Iomega is just really good and deserves what most consider a normal valuation then we plunge through 35.

The association with Presstek is simple: Many hot money, momentun funds will be under severe pressure as these high fliers break to start liquidating.

Any bulls getting nervous.

Joe Rizzo
JMR Trading
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