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

To: sheila rothstein who wrote (39276)	12/10/1997 5:06:00 PM
From: Spank	Read Replies (2) \| Respond to of 58324

OT QNTM warning of big earnings miss... (eom) -Spank

To: sheila rothstein who wrote (39276)	12/10/1997 8:38:00 PM
From: stock bull	Read Replies (2) \| Respond to of 58324

This has been a week from hell. I sure agree that the selloff has been greatly overdone. IOM is interesting. They are in the dd sector, but aren't considered to be in the same "class" as SEG, Ontm and WDC. IOM really sells a "low cost" disk drive used for backup, and other purposes. Also, IOM's competition has yet to establish a foot hold in the marketplace. Therefore, IOM's stock doesn't track the stock price of these other drive companies. However, if IOM should miss the Street's earnings estimate, watch out....they will get killed. On the other hand, if they should beat the estimate, I think we will see the stock take a very big upward jump. The pending stock split bothers me. The stock is going to be diluted and the eps will be cut in half. With so many shares outstanding, its going to be hard for the stock to move without the participation of major institutional buying. Just my thoughts. Stock Bull PS: Also long.