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

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To: KM who wrote (51937)4/4/1998 11:05:00 AM
From: Rocky Reid  Read Replies (1) of 58324
 
>>BTW, I'm thinking about buying a SparQ this weekend.<<

Wait 1 or 2 months or so to see if Castlewood ships its Orb. Same price. Double the capacity and performance. There is a chance that it could have an Aiwa or Sanyo brand on it.

As for the earnings outlook, no one really knows for sure except insiders. And the stock price is at its 52 week low. Doesn't this send some kind of signal to investors about which way the price is going to go when earnings are announced? The failure of a run-up prior to last earnings was due to insider knowledge (and resulting leakage of that info) of lower earnings. The once-usual Iomega price run-ups have stopped for good reason. I hope you are able to at least break even in your position, but with IOM hanging on cliff, the first tree branch isn't until it's under $5/share.
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