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


To: stock bull who wrote (50415)3/17/1998 12:52:00 PM
From: Troy Shaw  Read Replies (1) | Respond to of 58324
 
Stock Bull,

<<The interesting thing, as I see it, so far he's been dead right on the stock's performance. >>

That's a real funny thing to say. Rocky has been dead wrong about the stock performance until now.



To: stock bull who wrote (50415)3/17/1998 2:33:00 PM
From: Cogito  Read Replies (1) | Respond to of 58324
 
>>The interesting thing, as I see it, so far he's been dead right on
the stock's performance. Don't forget, the only thing that counts is the stock's price.<<

SB -

He's only been right about that in general. Did he predict that the stock would rise into the thirties last fall? No, but that's what happened.

Did he predict a big runup prior to Q4 earnings? Yes, but it didn't happen.

Did he predict a price in the single digits last winter? Yes, and after you account for the split it still hasn't happened.

In one way, though, Rocky and the other bulls' opinions should be considered because there are plenty of people on Wall Street who share their jaundiced view of Iomega. It doesn't matter whether they're wrong or right. If there are more people with that view, then the price will go their way.

- Allen