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Non-Tech : Any info about Iomega (IOM)?
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To: Brent D. Beal who wrote (33149)10/23/1997 6:11:00 PM
From: vegetarian  Read Replies (2) of 58324
 
AMZN was expectd to lose 42c for the Q and they lost only 36c so that seems to be the reason for jubilation.
AMZN is expected to keep losing money at least till the end of next year, you are right it is in the expectations but I think they are running too high at this time.
I think AMZN's price is hard to justify (as is AOL's) and it will keep going up until the bull market is ticking at the end of which the short/sellers will eat it alive (hard to see this bull market continue until end of next year but that is a separate topic).
IOM had done well but it has not attracted comparable interest after its fall last summer.
It will trade sideways until it breaks out on an auspicious day when the phase of the moon.....
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