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

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To: Kashish King who wrote (42174)1/3/1998 2:13:00 PM
From: Rocky Reid  Read Replies (1) of 58324
 
>>I'm sick of this whole discussion. On Monday I am dumping my position in the mutual fund which may have shares in IOM.<<

Don't throw the baby out with the bathwater just yet. As I've said before, IOM tends to draw in newbie sucker investors around this time of year. We should be in for a couple of points upward movement between now and earnings. At the same time, get ready to dump your position at $15 (yes, I've revised my sell target downward 1 point), because this issue languishes as soon as earnings are announced. This happens every single time, and regular posters here start whining about "I thought earnings were good ??!!! Why is it going DOWN???"

The sad fact is that Iomega Corp. does things that are embarassing for the NYSE to be associated with. Witness Comdex.
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