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

To: KM who wrote (41231)	12/22/1997 11:26:00 AM
From: Gregory Cole Brock	Read Replies (1) \| Respond to of 58324

Truff, I don't have much in it this time. I never expected it to break the 25 level, but now that it has, 22 was a pretty easy target. On the way back up 26 must have been the first up target. Its not too surprising. We have attempted several reversals on the way down, but this one sure looks like the real thing, guess we'll see. CC, IMO will help the turn more than anything. This is one wild animal and I am learning alot about higher PE stocks here. I usually trade the lower PE group. BTW, *OT* I think I am going to jump on the band wagon with the WDC shareholder lawsuit. WDC's mgmt was either really incompetent over the price war or simply took advantage of shareholders for personal gain. Their CFO said they would meet the bottom range of estimates (in Oct) only to warn 3 weeks later for ~15c lower. I have a few SI posts there that will support this case perfectly. I don't expect much out of it but maybe I can learn something about the process. Greg