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To: Fred J. Ledo who wrote (3539)	11/6/1998 11:00:00 PM
From: Cogito	Read Replies (2) of 10072

Fred, all - I had another thought about that article. Is the turnaround a false alarm? It could be. If there is a turnaround, it has really only begun in last couple of months. We won't be able to tell if this is the beginning of something real until at least two more quarters are on the books. The demise of SyQuest is, I'm sure, a good thing for Iomega, overall. But in less exuberant market conditions, this kind of news would not have caused this kind of reaction. What's really interesting is that the "pre-Comdex hype" hasn't really even begun yet. Next week should be fun, but I'll be watching from the sidelines. I sold today. After seeing that nasty downward spike in the morning, I figured that getting out just below 9 was good enough. Like I said, after almost selling at a substantial loss two weeks ago, I wasn't about to let a profit get away. BTW, re: Comdex Hype - It's pretty standard to issue promotional press releases just before a the biggest trade show of the year. Iomega is not unusual in this regard. - Allen

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