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

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To: IGL who wrote (35219)11/12/1997 4:48:00 PM
From: Michael Coley  Read Replies (2) of 58324
 
RE: Great Expectations for Tomorrow!

>> The only explanation I can come up with is that the tomorrow's news is BIGGER than anyone on this thread can anticipate. <<

The only thing that worries me is the great expectations that everyone has. Stock performance is more a function of how a company compares to expectations than how well they actually do (to a certain extent).

People have been guessing left and right at what we'll see tomorrow. It's fairly clear to me that tomorrow is a formal introduction of n.hand, perhaps renamed and perhaps with OEM's lined up and working models of products. This is very big, but not as big as many people are making it out to be.

How many shares have been purchased on speculation that will be dumped after the announcement? How many investors already own as much IOM as they can afford?

I think we're poised for a dramatic rise, but wouldn't be surprised to see a little profit-taking tomorrow before we start to take off.

- Michael Coley
- i1.net
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