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

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To: RoadWarrior who wrote (51573)3/31/1998 2:28:00 PM
From: Rocky Reid  Read Replies (1) of 58324
 
Does it bother any Iomaniacs that IOM is unchanged when the DOW is up 60, the NASDAQ is Up 15, and the S&P is Up 11?

What do you think is going to happen to IOM when the market undergoes its upcoming correction downward? What do you think is going to happen to IOM share price when this Quarter's Earnings (losses) are officially factored into the stock price, pushing the PE up well above 20 again?

IOM is having trouble staying afloat in a booming market. What will happen in the inevitable Market downturn? It's still not too late to sell your positions now, and take advantage of IOM's sell price of $6 15/16 - $7. One can be well assured that the price will be much lower a month from now. You can then decide whether or not it is a good choice for investment.
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