Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tombet who wrote (56961)	7/1/1998 12:18:00 PM
From: BBG	Respond to of 58324

>>>Does anyone else care to predict the price at the end of the year? This is just for fun. <<< Tom... I don't know if I would call it "fun" or not but I predict $5 3/4 give or take 1/16...:-) JD

To: tombet who wrote (56961)	7/1/1998 12:33:00 PM
From: Herb Fuller	Read Replies (1) \| Respond to of 58324

tombet , Re:>>>The market is a two way street . <<< Prices go up and prices go down . To the short sighted traders this is not true . To them the prices are always falling . Often to their dismay the market goes against them two thirds of the time . They still don't get the big picture . The short sighted traders feed on the negative news and when the news turns positive they are trapped and will help push prices even higher than they would normally go as they have to return the stocks that they have borrowed " or go to prison " . With above being said , Zacks estimated an EPS growth of 25.00% per year on 06/30/98 for RDRT . This being the case , Iomega is in a position to increase at even a greater rate than Read-Rite as they will be ramping up the Zip and Clik products going forward into the next four quarters . exchange2000.com Herb