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

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To: NTMD8TR who wrote (6297)8/20/1996 1:12:00 PM
From: Kevin   of 58324
 
Steve.
13 trades on the downtick
10 on the uptick
the rest in the mid.

Don't let your paranoia of shorts trying to cause mass panic overwhelm you.
I am not a short. I've done several option plays earlier this year on
IOMG. If I remember correctly, I always bought calls as a matter of fact.
BUT, when people started asking me about IOMG's longer term outlook, I
did have a pessimistic opinion.

I got into a heated debate with a few IOMEGANS in early June. I stated
what I saw wrong with the fundamentals (all factual information), and
they babbled about great management and a great product. Well, the stock
was around $40 when I had this debate, and look where it is now.

That's why I said keep your eyes open for better oppurtunities.

I'm not sure what price you got in at, but I can tell you one thing...
IOMG will not be back to $30 in 1996. If you would be interested in
my reasons why, let me know and I will list off my old posts on IOMG's
problems.

If you just want to argue with me, and accuse me of being a shorter,
then ignore this post and learn nothing...you'll make the same mistake
over and over.
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