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Non-Tech : Any info about Iomega (IOM)?
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To: Robert Skinner who wrote (7194)9/18/1996 4:52:00 PM
From: Robert Skinner   of 58324
 
Last hour of trading:

Last Bid ask volume Time
14 7/8 14 3/4 14 7/8 2,385,000 1 hour before market close
15 14 7/8 15 2,636,300 1/2 hour before market close
14 7/8 14 7/8 15 2,775,700 1/4 hour before market close
14 7/8 14 3/4 14 7/8 3,012,100 @ Market close

It don't look good for shorty. Wonder how many shorts are still out there?
Sure looks like Iomega investors have allready taken EPS exceptions into account.

I can't think of anything else that could drive the price of this stock down.

Bet a OEM with Compaq is in the making. With Iomega's the licensing agrement in place with compaq's ls120 manufacture Iomegas foot seems in the door.
With Iomega having so many OEM's allready Compaq must be compelled to go with Zip. At this stage of the game Compaq risk loosing market share without including Zip in there computers.

As far as the alleged Europe sales of LS120 I just don't belive It. There is nothing backing up that claim. I rember Compaq itself saying they are only targeting commercial customers and then in very limited models of there computers.
Also Compaq don't have a external ls120.
Guess the shorts will say anything.

Long and Strong on Iomega.
I know what I own!!
You know what you shorted Shorty. Shorty you have shorted the next floppy. Are you nerovus? How many week hands do you think are left in Iomega?
At this stage of the game I sure don't think people are going to sell Iomega cheep.

Bob



Glad im long on this stock.
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