Is it ok to allocate released object again?

Question

if i did this

Object * myObject = [[Object alloc]init];
[myObject release];

is there anything wrong about allocating my object in next line

myObject = [[Object alloc]init];

again?

Answer 1

No problem at all. [myobject release]; releases the object pointed at by myObject.

Later, myobject = [[Object alloc] init] will make myobject point to another object.