Any info about Iomega (IOM)? Message Board

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

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To: Rocky Reid who wrote (50824)	3/20/1998 8:40:00 PM
From: Rocky Reid	Read Replies (4) of 58324

IOM- The Best Short in the World? I don't know if IOM is the absolute best short candidate right now, but it is certainly attractive. Its price support is very, very weak. It trounced through its long-term support levels on Monday, so the stigma of moving below $7 a share has been erased. A close next week below $7 will confirm its worst levels in a long, long time. This is all an indication of a company in a reversal of fortunes- a projected yearly eanings decline of more than (-62%). Rest assured, IOM will be in the $6's next week. It's getting very ugly around here as the longs get crankier and crankier. But I will continue to point out the obvious- that IOM is going to $4.80/share soon, despite the Iomanical tirades defaming my character, sexuality, masculinity, parental lineage, and any other assortment of personal attributes one holds dear. The voice who has been correct all along (me) will not keep silent despite the duress that irrational Iomega Bulls pathetically spew. See you at $4.80.

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