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


To: Spank who wrote (44532)1/22/1998 6:05:00 PM
From: Rocky Reid  Read Replies (2) | Respond to of 58324
 
>>Rocky, just thought I'd pat you on the back for your timing... good job. (hey, gonna buy again in the morning?)

Thank you Spank. IOM PE at $9 is 21, right? I was thinking earlier of buying SYQT tomorrow first thing to cash in on the fact that some people think they were stealing business away from Iomega. But now I think that SYQT too will cave lower than the $2 3/4 they've been sitting at for some time. The whole sector will be hit.

If IOM does go to $9 tomorrow, I think it might be good for a short run up to $11. That's ~20%. That's good enough for me (for the short term).