SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mary Cluney who wrote (2234)5/30/1996 10:38:00 PM
From: Winner Victorious   of 58324
 
It is Thursday night now and I think this was the pricing/closing time of the secondary offering. If anybody has any info on that one I would love to read it. I hope this does not put a strain on the stock tomorrow. Also, I have a feeling that IOMG might have some kind of announcement on the day of or after the closing of the offering.

Now, a timed announcement before the closing is hard to imagine - might anger the SEC. But a major announcement after the closing sounds more realistic and more IOMG style in terms of rewarding its shareholders, especially the newest ones.

Again, this is just a speculation!!!!

It is not a speculation, however, that the biggest PC vendor to the US Government at this point - Dell Computer - is about to start marketing and offering IOMG's products to uncle Sam about this time (beginning of June). This should have a very positive impact on our earnings. Forget about the number of drives sold. Think about the high margin discs and tapes this behemoth needs!!!!!!!!!!

Winner, leveraged on IOMG
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext