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Non-Tech : Iomega Thread without Iomega

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To: Herb Fuller who wrote (8849)	4/9/1999 1:11:00 PM
From: Rocky Reid	of 10072

IOM Down Another 1/8 to $4 3/4 IOM, the Penny Stock, is proving to be a toad. IOM traditionally gets a price bump the week before its Earnings Announcement. However, this time around word has apparently leaked about some very disappointing aspects of the upcoming CC. I believe that even more distressing than the 1st Q 99's results will be warnings about 2nd Q results. If this is so, it will more than likely send IOM down to even greater depths of Toilet-land and into the $3 and perhaps $2's. I'm already on record as saying IOM will post a LOSS of ($0.02) for 2nd Q 99. BTW, my JBOH appears to be consolidating today at just under $15. The next move up could happen Monday as more money flows into the Online Brokerages. My absolute target is $20, then I'm out. I also have stops in place in case it goes the other way. Iomaniacs could have saved a LOT of money recently if they had set Stops for selling all of their IOM shares. But this would mean they were using their brains about this stock...something they dare not do for risk of being Unfaithful to Iomega and to other Iomaniacs here.

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