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Non-Tech : Any info about Iomega (IOM)?
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To: HardMoney who wrote (37874)11/30/1997 5:07:00 PM
From: Richard Smith  Read Replies (1) of 58324
 
here is my take as to why iomega is going up tomorrow.
1)most people took profits, i.e. i sold the excess shares i had last week and i am confortble with what i own.

2) if there is some selling pressure, the buying pressure will outweight it. because momentum players are getting in to play the split.

3) what's even better is that right after the split we have the earnings play.

4) couple all that with overall market christmas rally and we are in for a nice rally.

5) the market is taking a wait and see in regards to competion, iomega has killed too many of those before.

yahooooooo!!
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