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

To: D.J.Smyth who wrote (36871)	11/21/1997 2:36:00 PM
From: KM	Respond to of 58324

Darrell: I sold my daytrading shares at 59.5 yesterday (a little too early), shorted it at the same price, got stopped out this morning, and shorted it again at 62ish. I wouldn't be surprised to see it get kicked back 5-8 points next week. How much credence do you put in an upgrade/report written by the underwriters? I don't know what to think about that.

To: D.J.Smyth who wrote (36871)	11/23/1997 12:34:00 AM
From: Michael Coley	Read Replies (1) \| Respond to of 58324

RE: When to Sell IOM? Darrell, If I remember correctly, your firm had a target price of $32 on IOM, at which point you were planning on re-evaluating. Was that right? If so, what are your plans now that we've hit $32? Iomega has been a great trading stock for me. (I've never had a losing trade with IOM or IOM options!) I hadn't planned on keeping IOM as a long-term investment, but I'm certainly contemplating it now. It seems that their gameplan is solid, their marketing is on par with Microsoft and Intel, and they growth is only beginning. I think IOM could be an easy ten-bagger (from current levels) in the next five years or less. (Yes, I realize that's 60% annualized growth.) - Michael Coley - i1.net