Any info about Iomega (IOM)? Message Board

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

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To: rocky haag who wrote (54646)	5/12/1998 7:48:00 PM
From: Rocky Reid	Read Replies (4) of 58324

IOM Volume Pathetic Today, only about $12.5 Million worth of IOM stock was traded. The volume and interest in this issue is pathetic. Just over 1.6 million shares traded today out of 262 Million outstanding shares. Before the split, over 6 million (split adjusted) shares traded daily, then 5. Now we are averaging 4.3 million, and coming dangerously close to sliding into the 3 Millions. But, declining volume doesn't worry Iomaniacs. Day after day ticks by as Sony HiFi approaches. Castlewood, at any time now, can announce beta testing is completed and the 2.1 Gig Orb is shipping. Day after day ticks by and still no OEM's for Vapor!. And this fact does not concern Iomanics. My price of $4.80 for IOM stock could still happen in time for my June prediction, but more likely looks to be occurring in September as Sony rolls out HiFi. IOM could just languish here until then, if Iomega cannot produce results from hyping its Vapor! release date.

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