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


To: Gottfried who wrote (43592)1/16/1998 12:05:00 AM
From: D.J.Smyth  Read Replies (2) | Respond to of 58324
 
Do I see 90% of Asia up Friday? The world markets have been smoking something lately. Keep this up and IOM may show some form of rally prior to earnings.



To: Gottfried who wrote (43592)1/16/1998 10:21:00 AM
From: Tom Carroll  Read Replies (2) | Respond to of 58324
 
RE: Coupling of IOM with Russell 2000

GM,

>IOM is pretty much decoupled from the HD makers.

Right you are. Nice chart. To a very crude first
approximation, though, IOM still tracks with the
RUT. The momentum run-up in late 1997 took it above
the trend a bit, and if the earnings next week are
good, as I think they will be, it could move well
ahead of the RUT again, but for my money, the RUT
is the best baseline I've been able to find so far
against which to compare IOM's performance.

Here's the chart:
dljdirect.com

Does anyone have a better candidate than the RUT?

Cheers, Tom (long IOM)