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

To: Dale Stempson who wrote (50347)	3/17/1998 12:02:00 AM
From: Naggrachi	Read Replies (2) \| Respond to of 58324

What difference does it make? Last year IOM came out with strong number and Mark HHinez siad the following morning " IOM reported a strong Q, however, it seems that their backlog has come down siginificantly." Today, David Faber mentioned IOM's warning and Mark Hinez said: " That ___ guest predicted that IOM will be at $6 two years ago and he finally looks like he was right." He's right today, but, like cRocky's situation, look at how much this company has grown, not to mentionn the stock splits. But, then again, what do we know? Afterall, they are the jounalists, right? Zead

To: Dale Stempson who wrote (50347)	3/17/1998 12:47:00 AM
From: Rational	Respond to of 58324

All those big block buyers today knew about the effects potential ratings downgrades would have on the prices. That there would be ratings downgrades was known to every one today. I am not saying that the price will not drop. I know that there are no "experts" who can consistently predict future price in the market; as per published research. But, there are many who use "astrology" or other "esoteric" powers to "predict" prices. The problem is that you see only the successful ones operating in the market or BBs. Why? The ones who fail in their predictions disappear.