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

To: Dakota Sullivan who wrote (6882)	1/28/1999 9:18:00 PM
From: rll	Respond to of 10072

dakota, I don't want to upset anyone on this thread as I am just giving you my opinion. I seriously doubt IOM will see 11 or 13 within the next 3 months. After that depends on 1Q99 earnings report and forward looking statements. Ask your broker why he/she feels it will hit 11? If they are relying on technicals, look at the charts yourself. If they are speculating on new product hits such as zip then I think the chances are very slim. IMO, the only way IOM will see 11 in 1999 is based on it's fundamentals improving. Watch it go sailing tomorrow <g>. Good luck to you, rll P.S. Everyone has their own opinion. You need to do the research for yourself. The stock market has a unique way of humbling us.

To: Dakota Sullivan who wrote (6882)	1/28/1999 10:48:00 PM
From: Naggrachi	Respond to of 10072

Screw your borker, he probably has too much inventory and is trying to unload it on innocent investors. With all the optimisim going into earnings and the huge volume that was taking place at the time, the stock never, repeat NEVER, closed at or above $10. Now that the candy quarter is out of the way, what makes you think this puppy will reach $13? If you've got money to invest, try this: quote.yahoo.com and comeback in a year from now and tell me how you did. Zead