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: Ray Dash who wrote (45518)1/25/1998 12:09:00 PM
From: Kansas George  Read Replies (2) of 58324
 
<<This is a small investor setup folks. The institutions wanted in, but not at what they felt was a reasonable price. They wanted a discount price.>>

Ray, and disappointed IOM stock holders, Something I have a hard time comprehending is the channel checks. Everyone reported that disk were flying of the shelves. Nothing like reported in the past. I can't see how US ZIP sales increased only 25% (someone please correct me if that is not right). Are some of these profits being saved for next quarter? Also, if many of the small investors are like me, the market has ravaged them in the last 3 months, and we don't have money to buy more IOM. I'm trying to sell off parts of my portfolio to kepp from getting a margin call. Small investors that have an interest in IOM are already invested. Hopefully, whoever is buying is buying for long term, and not for a quick pop.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext