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


To: Cogito who wrote (5291)12/21/1998 10:19:00 PM
From: Naggrachi  Respond to of 10072
 
<<I do agree with you, every point seems to be such a struggle.<<

You can say that again!! For every point gain there's a two point retrace, then moving sideways for 2 to 3 weeks before gaining one point again. And the cycle starts all over again.

$11 price target is laughable IMO. Then again, It's just my opinion.
With greener pastures, I wouldn't touch IOM even if the price target was $20.

Looking for an exit
Zead



To: Cogito who wrote (5291)12/22/1998 8:11:00 AM
From: KM  Read Replies (1) | Respond to of 10072
 
Hi, Allen: No particular instinct here, just that there are places to plant it which don't require that you push a ten ton boulder up a hill to make taco money. I sort of liken this situation to the Western Digital/Seagate/Micron sort of thing. When it gets a head of steam going, it will move quite briskly. One thing I have noticed with amusement is that even though Iomega is a "cheap" stock, there is still so much interest among the investing public. I am always tickled to see it making the most active list. When it really gets rolling, it will be something to see.