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

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To: Rocky Reid who wrote (21638)5/2/1997 5:55:00 PM
From: Cogito   of 58324
 
>>Are any Iomaniacs concerned that the NasDaq and Dow keep screaming upwards, and IOM essentially goes nowhere? What happens when the support from the surging indicies slows or stops?

I'll tell you exactly what. IOM will retreat downward.

Fast.<<

Gee, Rocky. I don't know. Considering that for at least two days this week Iomega outperformed both the Nasdaq and the Dow, I'm afraid I just don't see it like you do.

Actually, the stock was up 1 1/4 for the week, from the Monday open at 15 3/4. Off the top of my head, I'd say that was roughly around 7%. Didn't you tell us it would drop precipitously this week?

I'm sorry, but I'm really going to have to consider getting my investment advice from someone else.

- Allen
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