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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (5715)6/10/1998 11:26:00 AM
From: James Strauss  Read Replies (1) of 29382
 
IOM...

Sergio:

I added some more IOM today...

Here is another Compaq article mentioning the addition of Iomega Zip Drives to the new Presario line...
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Tuesday June 9, 9:08 pm Eastern Time

Compaq unveils retail build-to-order program

HOUSTON, June 9 (Reuters) - Compaq Computer Corp. on Tuesday unveiled a new
line-up of PCs that can be built-to-order at retail outlets and are designed to
provide easy Internet access.

The Houston-based company said that under its new ''Built for You'' program,
consumers can buy custom-configured Presario PCs with the exact specifications
they desire, at their preferred retail location.

Compaq's ''Built for You'' program is currently running in about 100 locations
at retailers such as Best Buy, Office Depot, Staples and Nebraska Mega Mart.

By the end of 1998, it will be operational at nearly 4,000 retail locations,
including branches of CompUSA, Computer City, RadioShack and regional
retailers.

Compaq said that new buyers of its Presario home computer line would receive a
$100 mail-in rebate by signing up for a 50-hour free trial of its new Internet
service, Easy Internet Access Service powered by GTE.

GTE Corp. (GTE - news) will supply the Internet connection to Compaq's
customers. Once the free trial expires, consumers can pay only $19.95 per
month, or $16.95 with purchase of GTE long-distance phone service.

Compaq also announced an agreement with America Online Inc. (AOL - news) to
feature AOL on all Presario desktop PCs.

Additionally, the PC marker announced that high density 100 MB Zip disk drives, made by Iomega Corp. (IOM - news), will be built into most of the Presario PCs introduced Tuesday.
*****************************************
The chart shows rising Stochastics and an MACD Histogram about to turn positive... Downside risk seems minimal... Upside potential seems very big... Also, a partnership with Compaq says alot about IOM's future prospects...

clearstation.com

Jim
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