Any info about Iomega (IOM)? Message Board

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

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To: Teddy who wrote (41308)	12/23/1997 12:47:00 AM
From: Rocky Reid	Read Replies (2) of 58324

>>nd there are too many things in the market that don't make sense: if AOL doubled their earnings each quarter for the next year (which is totally impossible) they would still be over priced.<< Yeah, yeah, yeah. We've all heard the same old song and dance from the F-Troop here in Iomegaland. AOL is overpriced. AOL is garbage. You know what? I agree. But I can jump a good buy when I see it. This one was a no-brainer. AOL is absolutely adored by Wall Street, and that's all it takes. I am so glad I bought AOL a couple of weeks ago, because it has proven a lot of what I thought about the market. It's not about earnings and revenues. It's about money. And the big-wigs are the ones who make the most of it. The big-wigs want AOL to go UP, and it does. Plain and Simple. Its Institutional Ownership is something like 75%, if not higher these days. AOL hung in miraculously well during the tech-stock pummel-fest last week. Now, it is rapidly nearing its all-time high. That barrier too shall be broken handily very soon, and AOL will demonstrate an example of the "short squeeze" that Iomaniacs can only dream about.

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