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

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To: PacSun who wrote (57182)7/15/1998 2:05:00 AM
From: Rocky Reid  Read Replies (2) of 58324
 
Looks like terrible IOM earnings news may be starting to leak around the Street. IOM went down a full 1/4 point as the market just surged upward.

IOM should settle down around $4.80 during August and slowly drift downward from there as the Fall progresses. Bad news begets more Bad News. Iomega has been proving this for awhile now.

IOM's market cap will fall below $1 billion this next year.
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