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


To: Gary Wisdom who wrote (33414)10/26/1997 7:50:00 PM
From: sheila rothstein  Read Replies (1) | Respond to of 58324
 
Gary, it's intersting to read both optimistic and pessimistic views re IOM. I remember in Aug. when IOM was about $23 Rob Skinner bailed out because he thought it peaked. Now you think the near term top is $32, and you may be right. However, I'm holding for a higher price $40-50 or higher because where else would I put this money? in bonds? So I'm willing to sit tight like I have been for the last 9 months. This is like a pregnancy, where's the offspring? Good Luck SR



To: Gary Wisdom who wrote (33414)10/26/1997 10:58:00 PM
From: slipnsip  Read Replies (1) | Respond to of 58324
 
<This market makes me very nervous. Psychology has been driving the market for 5 years, not rational thinking.>

I would love to hear you explain this. Let's see, STRONG ECONOMIC GROWTH, RECORD CORPORATE PROFITS, DECLINGING INTEREST RATES, MAJOR GROWTH IN PRIVATE PENSION FUNDS/MUTUAL FUNDS (EQUITY BASED) as the baby boomers age, REAL EMPHASIS AND DECLINE IN NATIONAL DEFICIT (OK won't last, but real non the less), AND A REAL EMPHASIS ON ADDRESSING REDUCING THE GROWTH IN THE DEFICIT.

Are you still with us?