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


To: Gary Wisdom who wrote (48779)2/24/1998 11:39:00 PM
From: slipnsip  Respond to of 58324
 
"I'd say a 25% bounce off the bottom is pretty damned good. And, you're assuming"

Yes ordinarilly a 25% ONE WEEK TRADE would be great. Considering you are down from the high of $16 3/4's (which based on your post you were in at lower levels), you are still down %40 from where it was less than 2 weeks ago with no fundamental change. Thus makes this trade look silly (selling at $10 what you were not willing to sell at $16).

"In the end, AOL investors will be happy. Iomega investors won't be."

Really? Based upon putting their money up at today's prices? Or or you looking at the last 24 months to draw your conclusions vs. the upcoming 24??? Gary, are your emotions making your decisions or your intellect?

"As for your comments on the valuations on the "overpriced" stocks, that simply shows your ignorance as to the ways of the market."

I am not willing to say that the above mentioned stocks are overvalued, I only point out that if I had to chose between them (AOL, IBM, MSFT, INTC, DELL) today and IOM, I have no choice but to go with IOM. After All, by todays price of 9 1/4, if I can just get to $11 5/8 I am up over another 25%. Not to bad and highly probable. Just think, AOL has to get to over $155 for the same return..



To: Gary Wisdom who wrote (48779)2/24/1998 11:43:00 PM
From: jwk  Respond to of 58324
 
All / Anyone -- Did we get a cofirmation of the 26% institutional ownership figure and is that really a legitimate increase over the previously reported 14%, or just a statisical/reporting glitch? Weren't we down around 6-9% last year around this time? I seem to recall rr making a big fuss about the low number back then.

Now, it appears possible that the savy small traders are leaving in disgust while the casa grandes are seeming to increase their exposure to this awful investment.

Man, the more I try to follow and learn about this - the weirder it gets.