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Non-Tech : Any info about Iomega (IOM)?
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To: D.J.Smyth who wrote (38237)12/2/1997 8:36:00 PM
From: D.J.Smyth  Read Replies (2) of 58324
 
should add that korea limits foreign ownership (unfortunately) as i would be buying directly right now. so limit it to some mutual funds - buy low; that's a good moto.

ken, all i can say about iom is that it's a good company. i was told it would run up to $32 to $37, possibly as high as $41 intermittently. have no idea when. some block trades after market on both sides was interesting. on any nonsustained weakness i'm a buyer. one problem with cabot and crew not including iom in their regular portfolio is that it gives them the option to short the stock when they so feel the need. cabot and crew were stronger at one time than they are now (thankfully). cabot's trader is a real cutesey; long blond hair, killer smile - doesn't look like a person under extreme stress so she must be having fun. i suppose if iom contines its strength along with the market it may get to $37 + prior to earnings. if not... michael, gary, and others may be better prepared to answer other questions
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