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

To: Bald Man from Mars who wrote (45885)	1/27/1998 5:13:00 PM
From: s. bateh	Read Replies (1) \| Respond to of 58324

I did at 8 9/16....i have been in for over 18months.....average about 10.2....and am long....i see nothing that has changed with the fundama....at all.....only to get better.......they have over 12mil out and growing by over a mil a month....it is everwhere and in a lot of boxes.....it may not replace the 3.5 for years...but so what they are growing at a great rate......with all that said sometimes it doesn't matter...the stock will still get the shit beat out of it....BUT in the long run i think we will see 30 again within the year if not sooner....i know people will say "damn thats a 400% rise in price are you crazy"....if you take out what just happened for 13 to 9....i think it can and probably will.....if the ads work really well which is what iom has said from the previous 3 months worth of ads i think we can see big numbers...ke's goal of getting in boxes has always been there....everyone knew that that would bring in less margin....but look how the margins grew the qt! enough for now

To: Bald Man from Mars who wrote (45885)	1/27/1998 5:34:00 PM
From: Jimmy Chan	Read Replies (1) \| Respond to of 58324

one my rule in investing: -- what follows bad news is more bad news. another way of saying it is: -- wait for the second shoe to drop. i am still waiting to see if the second shoe is coming soon. when it comes to short term price, there is no logic for it. supply and demand is the only rule. there are more people wants to sell, therefore the price is still dropping. BTW, did you let go of your EFII at 17-18 range? i sold at 17 3/8. hope you did the same. thinking about getting back to EFII in the future.. but not now.