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


To: David S. who wrote (53326)4/21/1998 8:11:00 PM
From: Wil Faller  Respond to of 58324
 
SCOC will surge, but IOM is dead money. One company is at the start of an explosion in revenues and earnings, the other has worse earnings every quarter.

Good luck, you choose.



To: David S. who wrote (53326)4/21/1998 9:19:00 PM
From: FuzzFace  Read Replies (1) | Respond to of 58324
 
<Twelve million shares in one day is nothing but momentum. Watch out.>

Or short covering.

Or a nefarious plot by the new CEO to save his skin at the S/H meeting.

Seriously though, IOM under the influence of momentum is a siren song to some, but this particular ship has already dashed itself on those particular rocks.

So I'll wring my hands and wait for the pullback, thanks.

And even if IOM never retraces (yeah, right), I can at least enjoy reading Ragin' Rock's Righteous Rubbish, right here every day.