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


To: John Lacelle who wrote (56796)6/24/1998 3:12:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
IOM could go as low this year as $3.50

With all of the revised earnings estimates looking so depressing, investors will be bailing out in droves. Especially when Iomega pre-announces huge losses for 3rd Quarter. And the 4th Quarter. And the 1st Quarter '98.

$3.50.

But next year, look out below. $2. And IOmega's average daily volume should have slipped to 2 million shares/day by year's end.