*AV* --Whatta ya know!!! The big IOM is now at 9. Could it be true and I actually caught a bottom correctly for once???? Hold onto you hats boys and girls!!! A miracle might have happened.<GGG>
Close to 45 Million shares traded on this baby today against a float of 250 Million <A guess on my part> with no real price movement. Yesterday volume was 5 million but average daily volume is close to 3.5 million per day, I believe. What a circus. Now, for all the arguments over this company and its lack of performance, then performance after a great deal of time, then its split with no activity, we are back to square 1, almost.
I truly believe, with 12 million units in the field, a respectable price for the Jaz series, and its strangle hold on the sector due to the storage media it uses (couple with some successful litigations against pretenders to the throne), it will be very difficult for both the LS-120 or the SYQT units to displace IOM in the mainstream for a few more years, if at all.
Andrew |
