Any info about Iomega (IOM)? Message Board

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)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Robert Skinner who wrote (7144)	9/16/1996 5:37:00 PM
From: J P Cross	of 58324

Robert, I wish KE would initiate a reverse 1 for 3 split. That would raise the value of the stock. Remember IOMG is hovering around the 2.0 billion market cap area. This is no small potatoes for a company with pimples and braces. Also, IOMG stock would be equivalent to a $90 dollar stock pre-split of 6 to1 for 1996. Compared to last year this is an admirable feat but it doesn't do any good if your sitting on a small gain or a loss waiting for IOMG to be the next Phoenix. You are going to have to have some patients with this stock unless there is some spectacular announcement and this stock begins to be accumulated, IOMG isn't going to move very much. With 132,000,000 shares outstanding its going to take some serious buying to move the price up. It also doesn't help the spirit of the average long IOMG investor to see the market taking off without IOMG. This may cause some dumping. Regards, JP Cross

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next