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

To: Brent D. Beal who wrote (33149)	10/23/1997 6:11:00 PM
From: vegetarian	Read Replies (2) \| Respond to of 58324

AMZN was expectd to lose 42c for the Q and they lost only 36c so that seems to be the reason for jubilation. AMZN is expected to keep losing money at least till the end of next year, you are right it is in the expectations but I think they are running too high at this time. I think AMZN's price is hard to justify (as is AOL's) and it will keep going up until the bull market is ticking at the end of which the short/sellers will eat it alive (hard to see this bull market continue until end of next year but that is a separate topic). IOM had done well but it has not attracted comparable interest after its fall last summer. It will trade sideways until it breaks out on an auspicious day when the phase of the moon.....

To: Brent D. Beal who wrote (33149)	10/23/1997 7:32:00 PM
From: Tom Carroll	Read Replies (1) \| Respond to of 58324

RE: AMZN versus IOM Brent old boy, >Somebody help me out here. What can I say? Don't believe everything they tell you in management school about markets being efficient and rational, government always doing things less well than the private sector, regressive lotteries being good for the poor because they provide cheap "hope" and cheap "dreams," and "leadership" being the source of all that is good in the world. Particularly over the short term, markets can do some zany things. Thus the popularity of Street words like "stampede" and "panic." No system is perfect, not even supposedly free-market capitalism. Life would be boring if it were. So cherish that contrast between AMZN and IOM. Cheers, Tom (long IOM)