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

To: vegetarian who wrote (33150)	10/23/1997 9:55:00 PM
From: Rocky Reid	Respond to of 58324

>>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).<< Rest assured, garbage like AOL will get it's due in time. Probably sooner than later. It's the most expensive $35 stock I've seen in some time. As far as the market goes, two weeks ago I was expecting a 10%-12% drop within a month. I don't know if we are currently in the middle of such an event, but if this dip reverses quickly, we will see another severe drop by Jan.1st IMO. I think the first sign of the real correction will be when AOL dumps 60% of it's value in a week. I was stopped out of SYQT yesterday, and will get back in pronto.

To: vegetarian who wrote (33150)	10/24/1997 3:25:00 AM
From: Chucky	Respond to of 58324

"IOM had done well but it has not attracted comparable interest after its fall last summer." I've noticed in my S&P reports, that the institutional ownership is back up around 15% from 7% in an Aug report. I also looked back and found a Nov 96 report that had institutional ownership at 19%. I wonder how many buyers are left from the $35 offering of 6/96. "I think AMZN's price is hard to justify" Have you seen ONSL? I sold half my shares @ $11, but $35 a couple weeks back was kind of crazy. I just couldn't let go of my shares because I've kicked myself for selling too early thinking I could get back in on companies I liked. "It will trade sideways until it breaks out on an auspicious day when the phase of the moon....." Did anyone else hear about today being the end of the World? I think someone had gone back and recalculated when civilization was supposed to end after accounting for there not being a year 0 A.D. or B.C. and leap years. I'm not a Kook though, really. Later Chucky