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: Archie R. Wortham who wrote (3223)6/19/1996 11:12:00 AM
From: macwu   of 58324
 
Archie

The iomega booth was huge with lots more people compared to the Syquest. The iomega booth also had a presentation in which the Jazz was used to run a full motion video featuring the commercial for the last batman movie (I forgot what it was). As far as i'm concerned, the pics were flawless and smooth a marble slab; Although i didn't find out what cpu was used.

As usual, they gave out pins and bags advertising their company. After the market closed and I was heartstricken by the 10 pt decrease, I grabbed one of their reps and asked him if he had any position in the company. He said yes and I told him he just lost a quarter of his net worth. He raised his eyebrows for a second and then smiled to me.

At this point, I would make the following observations

1) Zip will become the standard

2) iomega believes they will become the standard (very important since on their last annual report, they still espoused skepticism).

3) Iomega is becoming more and more aggressive. Read the transcript of their press conference and gather from the tone. They are announcing more and more partners. Six since last week and more on the wings.

4) The stock can only make a turn around at this point IMO. Yesterday's drop was more phycological than anything else. Self fulfilling prophecy "if it goes below 35, it'll drop into the 20's"; that's what happened.

Hold on to your shares
Mac
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News