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: Erik J. Lupien who wrote (3273)6/20/1996 1:33:00 AM
From: Young D.T. Nguyen   of 58324
 
Erik, more "bad" news...

DENVER, June 19 (Reuter) - Shares of Iomega Corp rose on Wednesday,
recouping a portion of the previous day's losses as investors focused
on the company's contracts with major manufacturers, a securities
analyst said.

Iomega's alliances with OEMs, or original equipment manufacturers,
are "invaluable," said Howard Rosencrans of H D Brous.

Iomega rose 3 to 29-3/4 on heavy volume of more than 14 million
shares. On Tuesday the stock lost 10-1/4 and may have become
oversold, he said.

On Tuesday, Iomega said several more companies had agreed to
include Iomega Zip drives in their personal computers.

"It's the number one overwhelming issue," said Rosencrans,
reflecting what other observers have said about the importance of
OEMs for the computer storage products company.
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