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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (44175)1/21/1998 2:37:00 PM
From: Brent D. Beal  Read Replies (1) of 58324
 
. . .I am so pleased. When I bail at 3:50pm tomorrow. . .

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As you have pointed out on several occasions, the Street loves AOL and hate IOM--for whatever the reason there does seem to be some truth behind what you say. For this very reason the strategy you just outlined is really a dumb one--almost every time IOM has announced earnings, the Street has had to adjust expectation upward and the stock has risen either directly or shortly after. With AOL, on the other had, the Street will have to adjust their ridiculous expectations downward--therefore, the smart thing would be to hold onto your IOM until at least a week or so after earnings and then bail (just in case there is a pull back, or stiffer competition, or whatever your devious little mind can come up with). AOL is the company you don't want to be holding through earnings. . .
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