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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (3813)	11/10/1998 7:53:00 PM
From: Travis	Read Replies (1) \| Respond to of 10072

Well, At the danger of getting flamed, I am somewhat bearish on this stock now. I had an average share price of $5.45 and I bailed at $9. I was impressed with the cost cutting that had taken place during Q3 and was set to see these sort of prices after Q1 results, but am mystified by the "demise of Syquest" rally. Since that news hit, Iom has gained $750M in market cap. Syquest had approx $150M in revenue for the ttm. I just don't see the justification. I am looking for $6 to $6.50 for a possible reentry point. I just see the whole rally as a little crazy. Flame away. Travis