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


To: Spank who wrote (34909)11/9/1997 10:14:00 PM
From: Brendan2012  Read Replies (2) | Respond to of 58324
 
Any thoughts on how the recent earnings downgrade from Buckingham might affect Iomega's stock price tomorrow? Was that already priced into the stock on friday, or is the general consensus that Buckingham is smoking crack? I'm a little surprized I haven't seen any discussion about this. I think it's pretty obvious that if Iomega were to actually make those revised Buckingham numbers, IOM could be priced significantly lower.

Also, will competition fears begin to erode the stock price in the short term, or will the "big announcement" save us?

I'd like to say that the "big announcement" really will be big and really will push the stock up, but it's hard to tell.

Brendan