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


To: Teddy who wrote (43316)1/13/1998 5:46:00 PM
From: David S.  Respond to of 58324
 
Teddy, They have ways of doing this sort of thing very legitimately.
Where people get screwed is with micro-caps and penny stocks where
the market maker can actually manipulate the stock. With highly
traded companies like IOM they are only guessing that they can
increase their margins by loading up on inventory. If they guess
wrong, they lose more.

Regards, David S.
Long on Intel and Iomega

PS: This is the first time I extend Rockhead credit for going with
Intel just prior to blowout earnings. If we could only get him to
screw down his head. Sigh.