Any info about Iomega (IOM)? Message Board

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

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To: RetiredNow who wrote (56654)	6/20/1998 12:08:00 PM
From: Rande Is	Read Replies (2) of 58324

RE: THEORY...thanks. I guess we will know the answer soon enough. Part of that hypothetical theory is based in fact. There are OEM deals IOM has with major manufacturers that I cannot find any mention of in Iomega press releases. Why would they not want to tell the world of each and every deal they make? NOTE: The following is strictly based in opinion, which we all have a right to express. My guess is that this coming week we will see a flurry of OEM deals announced. As for going short on Iomega, this could be a dangerous time to do that. In light of the fact that top execs are compensated almost entirely in stock [according to Sierk interview], it stands to reason that there is substantial motivation from same to one day drive the stock value up again. It is my opinion, that there will be a concerted effort [not a conspiracy] to send price back up using announcements of deals, etc. And when the point of most resistance is met, a financial arrangement that guarantees them through the rest of the year will be announced. Shorts run for cover and price goes up fast. Either way, we shall see very soon... Rande Is

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