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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Gregory Cole Brock who wrote (33091)10/23/1997 10:21:00 AM
From: D.J.Smyth  Read Replies (2) | Respond to of 58324
 
stocks in Hong Kong are way overpriced to start with trading at an average of 35X1998 earnings. stocks in the US are trading at roughtly 15 X 1998 earnings. the currency situation brought down the HangSeng too, but the US currency is stable as many Asians floated money toward the US side dropping bond rates this a.m. this is not an IOM specific situation and may create a buy prior to IOM's romp above $30 soon



To: Gregory Cole Brock who wrote (33091)10/23/1997 10:34:00 AM
From: eric larson  Respond to of 58324
 
Greg: McClellan Oscillator was very oversold two days ago...and today's action will likely result in a postive divergence momentum-wise, even as general markets close lower today [with IOM possibly closing higher, of course :)].

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