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

To: sheila rothstein who wrote (37773)	11/29/1997 1:03:00 PM
From: Senthil Sankarappan	Read Replies (4) \| Respond to of 58324

Sheila and all, Am I the only person very happy with this barrons article? It is really fun to see how IOM will do against a bearish article from the notorious Barrons. After all, you need Michel Metz to keep predicting that the market will crash and end of world is imminent. Likewise, you need Herbie and barrons to keep predicting glood and doom for IOM. Fun part of this game is that it will drive out the nervous nellies out of IOM and hopefully give a false confidence to the Shorts and even bring more shorts into IOM. Hey, what better things you will want if you are a really long term holder? Having some speed breakers in IOM's run is healthy in my opinion so that the long term Bullish trend will continue. IOM might drop to $30 in next couple of days and then next week it will start to go up since the smart money would have gobbled up all those shares in no time. This is cool. More and more shares going into the long term inventory and so less and less shares available in the market for trading ;-) BTW, IBD's Relative Strength Index has gone up to 94 now. I am only seeing that moving up slowly with A rating in A/D which clearly says institutions are not yet done with their Accumulation. This barron's article may have been the best thing that happened to them since they can gobble up IOM shares like the Turkey they had for Thanks Giving ;-) Enjoy -senthil

To: sheila rothstein who wrote (37773)	11/30/1997 2:23:00 PM
From: larry	Read Replies (1) \| Respond to of 58324

I have been in and out of IOM several times and am a look-on right now. True, Barrons is never kind to IOM. True, the big boys have lost lots of money on IOM. But the bottomline is, if the HIFD holds up to be true, it will definitely be an IOM killer. Barrons is correct in this one. I pulled out of IOM a month ago when they wrote sth about HIFD in Motley Fool and I also called Sony to verify it. I mean, it's that simple. When you invest in a company, you have to consider the upside and downward potential. With HIFD competing with IOM, I see that IOM potentially loses 50% of its face value in the long run. IOM is a very solid company, but do I want to risk the possibility of losing big by betting several bucks upward? Absolutely not. larry