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Non-Tech : Any info about Iomega (IOM)?

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To: jwk who wrote (10071)10/25/1996 3:22:00 PM
From: NoName   of 58324
 
Those are good reasons you mention, but they only matter in the survival of the company not the stock price in the near or medium term, otherwise when IOMG was declining from the 55 to 13 level and all these factor were there and numerouse OEM's were also announced but the stock continued to decline. This is becasue the MM's needed to short cover and accumulate.

<<-management team
-business plan
-marketing blitz
- product mix
-price points
-R&D momentum
-Dream Team
-Acer/Asia
-OEM momentum
-analyst upgrades
-all the supporting developments in dozens of aspects of "digital information revolution"
-state of competition
-realities of CD technology -
-misunderstandings of shorts... and...
-26,000,000 shares that must be purchased>>
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