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

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To: Cogito who wrote (24333)6/4/1997 11:01:00 PM
From: Sabrejet   of 58324
 
Allen, that's a classic response. I believe you need to do some more work in the library on the word "niche" and how it relates to investments.

The most recent announcement out of INTC's analyst conference yesterday stated that approximately 80% of INTC's revenues in Q4 would be from the PII processor. That's a "niche" product. If it fails or there is a problem, INTC will be at 90 in no time.

I have been paying attention to the computer market lately and from a technical stand point and finacial standpoint, I went short my whole portfolio yesterday morning in it (I went on record two nights ago stating that) . It has been a great two days. Currently short INTC & DELL among others.

I don't buy or sell on takeover rumors though.

Best to you in your trading!,

Rich
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