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

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To: Rocky Reid who wrote (47001)2/6/1998 1:20:00 AM
From: FilerBill  Read Replies (2) of 58324
 
Go Rocky! You the man.

Don't mind if stick to my own trading patterns though do you? I wanted to post to point out that the reason I'm "in" IOM right now is because we are at the BEGINNING of a WIDE and BROAD rally in techs.
I looked at tons of techs that broke just like IOM in the last few months and MANY are starting to bounce. WHY? Read TheStreet.com for great thoughts on the bull CASE in tech. For one, tech is IT when it comes to making $ in 90's. It's also FEB and New Years money WANTS IN!
Asia bouncing is all symbiotic to this sudden and new situation in tech. CYMI is another great young tech company that had fallen greatly
but just bounced 25% in 3 days because THE SAME PEOPLE WHO SOLD, ARE GETTING BACK IN. Why? WHERE ELSE ARE THEY WILLING TO BET THEIR MONEY?
The didn't sell because they we're dumb. The didn't sell because they think CYMI or IOM stinks. THEY SOLD BECAUSE THEY WERE SCARED! Now they are buying because they no they have to wait for returns and the world didn't fall apart in the last few months. THE CHART ALREADY SHOWS THIS! The momentum players are coming back in. This stock can only go one way.

Good luck.
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