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


To: Linda Pearson who wrote (44684)1/22/1998 11:12:00 PM
From: Teddy  Read Replies (2) | Respond to of 58324
 
i still haven't gotten in to hear the CC, but after reading all the post on this thread (and considering who posted them), i think that my first impression of the earnings release was correct: Iomega the company is doing very very well and IOM the stock is under priced.

**OT** to Linda. today must have been the worst day ever for your porfolio. No wonder you drink<g>

i'm still a long term bull:
Message 3224686



To: Linda Pearson who wrote (44684)1/22/1998 11:12:00 PM
From: Cogito  Respond to of 58324
 
>>Sam,
<Yes...and unfortunately it could do the same thing ORCL did after their bad earnings...fall further below the after-hours trading range
(Closed Dec.8th at around 32 1/4, quarterly announcement was made, after hours traded around 27, opened Dec.9th around 24 and closed below 23. They are now at 19 and change.)>
But, don't compare two different companies and the trading actions.
It could go the other way.....<<

Linda -

I'm with you. Oracle not only missed earnings, but revenue was down sequentially for them, if I'm not mistaken. They also warned of crappy revenues for the coming year.

- Allen