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Non-Tech : Any info about Iomega (IOM)?

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To: marie fouchia who wrote (1776)5/20/1996 10:49:00 PM
From: Erik J. Lupien   of 58324
 
Marie: I think an army of investors will try to sell tomorrow a.m. by selling 50% of their shares and locking in some profit. I think you'll see the price of the stock rise in the first 30 minutes if that long and then you'll see profit taking in a big way. The big $$ question is whether there will be more buyers than sellers. Will $35 to $45 be too high for those who were waiting to buy in? Either way, as much as I want to sell tomorrow a.m. I'm in for the long haul and will hold off. I will watch very closely and try to buy on the dip at around 10:00 a.m. to 10:30 a.m.

Price tomorrow? We'll see. Aside from the big $$ question, you really have to ask yourself will IOMEGA set the storage industry standing if not already on its way to doing so? I firmly 100% believe yes. That's why the price will go up over time, if not tomorrow.

Regards,

Erik.
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