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Non-Tech : Iomega Thread without Iomega

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To: Cogito who wrote (8077)	3/8/1999 3:46:00 PM
From: Michael M	Read Replies (2) of 10072

Allen & All.....You can't pay the bills with a volume chart. The ONLY thing significant about the price of IOM is the fact that it is five and change! I am long thousands of shares and will be even longer if we go back to $3. IMO, we will approach...... In spite of endless discussion, speculation, and wishful thinking THE FACTS we have to deal with are these: (1) Iomega preannounced Q1 results during the Q4 CC.....make or lose 2 cents. (2) Iomega announced that it has production problems. (3) "Seasonality" may lesson demand for IOM products and (4) Iomega said it would have important announcements in the near future. Iomega has made NO significant public statement since the Q4 CC. One-to-One sweet talk with Tyler Thatcher is not a substitute for public information or marketing. Nothing presented at recent meeting with analysts has reversed ebbing support for the company in the marketplace. IOM stock is a sleeping dog.....I don't think it would move (UP) if you hit it with a stick. No criticism of anyone intended. Just felt like adding another 'unbankable' opinion. Mike

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