Any info about Iomega (IOM)? Message Board

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

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To: Gottfried who wrote (22163)	5/8/1997 2:34:00 PM
From: Teddy	of 58324

The "word on the street" is that IOM is going to have an EXCEPTIONALLY GOOD quarter! At least that is what my broker said when i asked if the volume was short covering or based on some news. So i asked him again (because i am only 13 years old and want to make sure i understood him), Are you saying that the guys that buy large amount of stock are buying IOM now because they think that the company is going to report very favourable earnings next quarter? "Yes," he said. But, i protested, Joel and Rocky are the best short-term traders on the planet and they are short on IOM. That means EVERYONE ELSE is wrong and even though it was the second most active stock on the NYSE yesterday and up 1 1/2 (DOW down 139)and today it is the most active and is up again it will be in the single digits soon because Joel and Rocky said so. Being more confused than a young man should be, i asked: so you and EVERYONE on Wall Street think that i should hold on to IOM because it is going to go up more, right? "Right Eddie, just sit back and watch it fly! IOM is now viewed favourably but the Street and is being accumuled by more than a few institutions."

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