The New Iomega '2000' Discussion Group Message Board

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Non-Tech : The New Iomega '2000' Discussion Group

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To: Rocky Reid who wrote (1075)	6/25/1999 4:43:00 PM
From: pater tenebrarum	Read Replies (1) of 5023

re: wind-up power: allow me to point out that the U.S. military is considering to use the wind-up device that you so deride for GPS systems and possibly other applications. the firm that has patented the device in question (i forget it's name) apparently has made great strides in perfecting it. you may expect the wind-up thingy to show up in many portable, currently solely battery-powered devices in the future. in other words, IOM has correctly recognized the latest trend and has wisely decided to be part of it. i would agree that a number of things may still go wrong with IOM, but clearly there is also a lot of potential. the sell-off induced by the recent profit warning looked very much like capitulation selling to me, and while it is possible that the price of the stock could drift lower once again from current levels it seems to me that a bottom has either already been put in or is near; IOM is one of only a handful of stocks sporting greater put open interest than call o.i. years of experience have taught me that such stocks have usually limited downside, as the sellers of the puts are the 'smart money'. they are seldom wrong. regards, hb

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