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

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To: Bobby Sharma who wrote (8456)10/8/1996 2:54:00 AM
From: Robert Skinner   of 58324
 
Are Q3 results reflected in current pricing?

When reading this you should know that I want to buy IOMG at a lower price.

The stockholders determine the correct value for iomg stock. When the earnings down grade was announced IOMG closed down for the day around 15.

IMHO iomg has little risk at 15. Buying IOMG at %25 or higher represents significant risk.

As much as I ike this company, it's management and product. I will exercise patients. I see the stock gaining little less than 27 before Q3. On the down side I have allready seen this stock at 20 1/2. Ill waite for a lower safer buy in price.

How high can this stock go after earnings are announced I don't know. But I do know if the numbers are good I can buy at that time. I may miss out on a few points that way but the down side can be very painfull if I buy the stock at a higher price than earnings can support.

Rember the current price is the result of a short squize.

Wanting to buy IOMG very much but only at a price that makes sence.

Bob
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