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

To: D.J.Smyth who wrote (34738)	11/7/1997 12:36:00 AM
From: David Wang	Read Replies (1) \| Respond to of 58324

The economic activity from North America to global society is just like food chain reaction, not so serious but more or less similar. Japan owns huge amount of US Bond, They have been recessive for 7 years. About 30-40% Asia economic activities related to Japan. If HongKong could not stabilize their market plus Japan's situation, the bail-out of Indonesia and Thailand would be less helpful. Japan might want to release US Bond. Besides, about 15% USA economic activity is related to Asia. Our market will be affected, too. How is the possibility to happen ? about 2%. Global situation plus weak semiconductor before and weak computer sector now, the market is not favor to most tech-stocks and for IOM, a desperate competitor must be added. But Christmas season , the best selling season is coming. I believe IOM have already prepared for this battle, in product lines, in sales and in management, in all aspects. But still there are some uncertainties., Asia buying power is weakened. CPQ,IBM sales in Europe were not good. How investors go thought quarters after New year. There were 3 times IOM could not break 30.00/sh barrier, How far do you think it can go after breaking news and next earning ? SYQ a "Die Hard" competitor what will be their role to IOM after this season. Investment is to make profit not to play risky gambling game. Long term or short term investor is not important. To protect investment and make good profit is the only purpose. In order to be able to protect investment and to make money, one must be very careful in every movement. It is not a easy work ,even super analysts make mistakes, so keep this in mind try to analyze before action. Please tell me, if you have different idea. I guess tomorrow IOM would be down then up. Good luck folks. David