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Non-Tech : Any info about Iomega (IOM)?
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To: Zakrosian who wrote (31072)10/1/1997 4:34:00 PM
From: D.J.Smyth   of 58324
 
From a PE standpoint, WDC is richer than HMTT or APM. RDRT as a company leaves us looking over our shoulder, but feel that the price should be closer to $24 3/4, thus a short term trade. It bothers us that WDC is cutting production. QNTM has been playing Seagate's game for several years and has survived as has WDC, don't know why WDC would take this different approach this time (witholding goods to avoid a price war). Bought more IOM. APM continues to produce all the platters they can sell (no slack in demand there). HMTT's benefit is its relationship with IOM relative to the Jaz 1 and Jaz2 so there's upside growth opportunities there.
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