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Non-Tech : Iomega Thread without Iomega

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To: Cogito who wrote (8151)3/11/1999 1:37:00 AM
From: HardMoney  Read Replies (1) of 10072
 
I believe even more is priced in.

I believe a loss of 5-3 cents is already priced in. IOM could simply annouce that they believe earnings to be in lower range but not less than a 2 cent loss, and the stock price would probably go up......

.........of course you know IOM why do that......."We already.......back in Jan.......gave your guidance and why should we elaborate .

either way if IOM doesn't pre announce by the monday before earnings expect a run up to earnings and this time maybe a run after earnings.

Until then....asuming no pre announce and/or big news that IOM will trade between 4-5 weeks.......I actcually would love to pick some up below $4.5 All the bad news is supposedly out.......I hope......

Goodnight.

Frank
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