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To: Philip J. Davis who wrote (7234)	2/11/1999 12:54:00 PM
From: Ron Dior	Read Replies (1) of 10072

Looking at both volume and price movement, you would have to conclude that the shorts have had their run. There is not much money to be made on the short side from here. Even if we have a break even quarter coming up, my figures would indicate that fair value would be around $7.5 I personally would have to guess that IOM is going to surprise with earnings, but who knows what could happen from now to then. One thing is for sure and that is they are making $$$$$$! I can't go anywhere(in the business world that is)without seeing a Zip drive or disk. The storage market will only grow from here, and these are the reasons why: 1) Y2K problems popping up. 2) Internet growing by leaps and bounds. 3)Average computer users handling more and more data. 4)1.44 floppy drives are a joke(havent used mine in a year), Zip will be the new standard. IOM is in the best position to take full advantage of all of the above. There is a huge short position in this stock at present. This will take us back to our 52wk high in a hurry. When volume picks up, we will reverse course. Relax.... Ron Dior

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