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


To: Rocky Reid who wrote (52259)4/11/1998 10:11:00 AM
From: Mike Allen  Respond to of 58324
 
Ugly after earnings.
I am currently out of IOM becauses I can't afford to loose any more. But I think that they will have another run some day based on new products and speculation thereof. If the stock hits the ditch after or leading up to earnings to about $4.00 to 4.50, would you consider this a good time to jump back in and go long? I think that if there is any hint of Zip sales drying up it will get extremely ugly. Looking at the chart it looks like an important support level here going back about 2 years. If it breaks below, I want to be ready. Mike.