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

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To: Erik J. Lupien who wrote (3753)6/29/1996 7:47:00 AM
From: Archie R. Wortham   of 58324
 
Caution Erik, 15.6 million shares sold, over 22 mil the day before. The spread yesterday was 31 1/4 to 28 3/8, finally closing at 29. Down 1 1/8 for the week. I'm not disagreeing, heck I want it to hit 62 before my birthday... I just doubled the number nothing axiomatic. But I think Guy make a very valid point.

Iomega WILL continue to climb, but we cannot expect that it won't have a few downs during the course of any given day before the release of earning. I still would not be surprised a low one day of 25, but bouncing back up the same day. Calling your broker or using your computer, they tell you it's a fast market. It's gone up on me before I could execute a trade, it's gone down on me the same way. Optimally Friday would have been the day for it to hit 25, but I missed with my SWAG, (sophisticated wild a-- guess. Add the other s's).

Bottom line...we are on way up. And there's no mouse in my pocket, just my whole family beside me.

Regards,

Jeremy's Dad
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