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

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To: Cameron Dorey who wrote (3676)6/27/1996 12:07:00 PM
From: Ron Morse   of 58324
 
Copied from "http://www.briefing.com 06-27-96 A.M.

"IOMEGA CORP. (IOMG) 25 +4. Stock getting a lift today as JP Morgan
has initiated coverage of stock with a "buy" rating. While firm feels
that valuation of company has balloonedduring the past year, price
is currently supported by a strong anticipated long-term earnings
growth. Firm expects company to earn $0.52 per share in 1996 and has
set a 12-month pricetarget of $42 per share. While not the kind of
stuff that has made this issue a high flyer this past year, outlook
should be comforting to those investors looking for value over the long-term."
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