Any info about Iomega (IOM)? Message Board

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

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To: Gary Wisdom who wrote (53368)	4/22/1998 9:52:00 AM
From: Rocky Reid	Read Replies (5) of 58324

>>what you're missing is that if you bought Iomega at $6 5/16 last week or so, you are now up almost 33%. Not even Yahoo has gone up that much in so short a time<< This is so misleading I don't even know where to begin. For one thing, Yahoo breaks its all-time high nearly every day. IOM is down 71% from its all time high, and down 40% since December. The end of a bull cycle is characterized by small risky dreg stocks like IOM running up in price. Based on a dreg stock like IOM's movement as of late, I'd safely say we are about to hit a box of nails in the road. If you are driving Cadillac-type stocks, the impact will be felt for a short while, but in the long run should prove to be a worthwhile investment. If you are behind the wheel of an Iomega (Yugo), be prepared to be flung into oncoming traffic and have the tiny vaporous shell collapse around as you are squished into a $4.80 pile of goo.

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