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

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To: Mary Cluney who wrote (51210)3/25/1998 5:47:00 PM
From: Sabrejet  Read Replies (1) of 58324
 
This is the end to a story that will be discussed for years in trading momentum stocks. I learned a great deal with regards to momentum "trading", market maker manipulation, playing earnings, splits and much more.

It is unfortunate that some people here feel that the company and stock were one in the same when in reality they were separate entities. The stock was "used" for the longest time and until this last earnings shortfall, the company had remained profitable. Some will argue the fact that product transition or the lack of new products hurt this company and nothing else. True, there was what would be perceived a lack of earth shattering products such as the zip drive but the study still shows: the stock price and the company are two different factions.

Best to all here. I made and lost money on IOMG and IOM and will always keep one eye on it just as a reminder of how tough this market really is.

seczebra
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