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

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To: Young D.T. Nguyen who wrote (3287)6/21/1996 12:45:00 AM
From: Archie R. Wortham   of 58324
 
What about USA Today and Dan Kadlec? Always looking for the negative. In his 19 June article stated "Sinking: IOMEGA, a computer stock made famous by AO's investment host The Motley Fool, is falling like a rock" and went on to add that analyst Rick Berry at Murphey Marseilles Smith & Nammack say it could do a round trip to $9, where it traded before taking off in April. Virtually ignored the fact today in his article that IOMG rebounded 3 3/8 with over 16.5 mil volume both days, rather he graphically depicted recent action (since April) with a chart with a heading "PAST ITS PEAK?"

And despite all this, IOMEGA gained 7/8 of a point today. It beckons the question, "who's past it peak?" Personally I think... well let's not get personal, it's superfulous to say I think Mr. Kadlec's article was slanted to say the least, but then, wait until ZIP hits them in "ERASER." Asta la vista, baby.

Regards,

Jeremy's Dad
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