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

To: Spank who wrote (39456)	12/11/1997 4:26:00 PM
From: Linda Pearson	Read Replies (1) \| Respond to of 58324

Spank, <we can't TRADE on the weekend! > Can't make any money either.Hate to say this, but, if the market was open 24 hours a day, I'd stay up 24 hours a day.... Need those extra days to try to make back the drop from the last two months (especially last two days). you're up on the stock....i'd take that now!!!! Listening to CNBC to see if there are any OTHER earnings warnings. If there is, I'm sure I have that company toooooo... :O Linda

To: Spank who wrote (39456)	12/11/1997 4:34:00 PM
From: Ken Pomaranski	Read Replies (2) \| Respond to of 58324

I'm going to expound on my 'cyclical' post a bit: The actual sequence is this: A. Commodity is in demand. B. Companies start jumping on bandwagon, STOCK PRICES RISE C. Earnings are Great! We are on top of the world! The stock will rise forever! This is a new growth industry! D. Glut occurs E. Earnings warnings, STOCK PRICES FALL F. Earnings come in terribly, Companies file CH11, severe writeoffs G. Supply dwindles, stock is at 52 week low, ALL IS TERRIBLE H. Go back to A. Notice that the time to buy is at time 'G', NOT 'C'! People who confuse these stocks as growth stocks, buy at 'C', then complain about it... One more point about IOMEGA. The people who lump Iomega with WDC, QNTM, etc.. just absolutely crack me up. And the above reasons are why... kp