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


To: KM who wrote (41382)12/23/1997 1:02:00 PM
From: Kevin D'Espies  Read Replies (1) | Respond to of 58324
 
O/T Truff- after my earlier post I checked on the AOL Feb puts. kind of pricey, No? Any suggestions?



To: KM who wrote (41382)12/23/1997 1:07:00 PM
From: Teddy  Respond to of 58324
 
Truff, RE: "I hope what we see is an up move on good volume."

Last time i checked, IOM was up over 2% and is the second Most Active stock on the NYSE. So that got me thinking: since people will now be trading more shares (because the price is lower) we should be on the Most Active list more often. Well, it seems to me that would get the stock noticed by some people that hadn't thought about it before.... maybe some of them might even buy a few shares.

Although it has some bad days, you have to admit that iomega is an awesome company and a great investment.

BTW, No school today, snow! i should be able to make a few buck shoveling.



To: KM who wrote (41382)12/23/1997 1:12:00 PM
From: John Solder  Respond to of 58324
 
The good news is that last year around this time IOM was in the teens.
By Nov it almost doubled. The smart money bought and held. (Maybe too long) This year will be no different. All the Syjunk/NOMAI noise is just an attempt to get the small investor to dump, and give the big boys time to load up. After the end of year selling subsides my gut tells me that you will see the big boys loading their plates with this one cheap. It will be just what they need to give their portfolios a jump start on 98 Q1.

As was mentioned numerous times before the fundy's are unchanged.
Sales are still strong. Ignore the "channel stuffing" pie hole yabber. The proof will be in the pudding and we will see in Jan.

We didn't need the extra income in 97 anyway, better to take it early
in 98.

Happy Winter Solstice to all.