Iomega Thread without Iomega Message Board

STOCKTALK

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 : Iomega Thread without Iomega

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dale Stempson who wrote (5802)	1/13/1999 7:03:00 PM
From: David Colvin	Read Replies (3) of 10072

Marc Cohodes, an analyst with Rocker Partners in New York, said the OEM channel represents a dead end of low profit margins. He said the market for new storage devices is saturated and Iomega has brought Click! to market too late with the consumer digital camera business now three years old. What do you expect an analyst with Rocker Partners to say? Outside of, as I recall, the Tiger Fund (that went bankrupt in 1996 after losing over $500 million shorting Iomega) and Meyer Berman, David Rocker is the biggest shorter of Iomega that I know of! Notice the "timing" of this gloom and doom scare-tactic "announcement"....just before options expiration! What's new!!! Until Iomega posts convincing, sustainable, predictable earnings quarter after quarter.....IMHO, a lot of average investors will be unnerved into selling their shares because of the seeds of doubt always sewn by these bozos at the most advantageous time for the shorters! Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next