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

To: Reseller who wrote (33722)	10/28/1997 1:17:00 AM
From: Michael M	Respond to of 58324

I'm so confused...where's Dan Dorfman when you really need him!

To: Reseller who wrote (33722)	10/28/1997 1:37:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 58324

Reseller, I think your instincts are right on the money. Here are some of my thoughts [from an e-mail I sent to a friend today]... No, I'm not selling now, even though I expect further temporary losses.[I'm not a good timer] I have also noticed that all the explanations come AFTER the fact. Like "AMAT is down because they have customers in Asia" etc. I know it is crazy, but I really think some big boys welcome all this. It gave them an excuse to sell and take profits AND allows them to buy the same stocks back much cheaper. What could be better? Since mutual funds report holdings quarterly, they can now show that by the end of October they held no "losers" like AMAT. But next quarter they will buy it back in November an have the inevitable gain at year's end. It's not a conspiracy - just smart investing to show themselves in the best possible light. Regards GM

To: Reseller who wrote (33722)	10/28/1997 2:24:00 AM
From: Gottfried	Respond to of 58324

Reseller and all, I think the item below means we're doomed <G>... Monday October 27 11:29 PM EST White House Seeks to Head Off Market Panic yahoo.com GM

To: Reseller who wrote (33722)	10/28/1997 6:27:00 AM
From: D.J.Smyth	Respond to of 58324

Resller <<I can't help but feel that if the Brits were still in charge that this HK thing wouldn't be happening. Could be all wrong but get this uneasy feeling about China and HK.>> this is more politcally motivated than we all think, no doubt, it usually is. for Rubin to state "China needs to keep its markets free" was in reference to them raising interest rates nearly 3% to fend off currency traders. China' authority stepped in to support their currency with this unprecedented move. If they had left things alone, everything would have continued as normal, Hong Kong's currency would have eventually recovered even as Mexico's did without excessive central bank manipulation