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Non-Tech : Iomega Thread without Iomega
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To: HRP who wrote (8310)3/16/1999 10:53:00 AM
From: Reseller  Read Replies (2) of 10072
 
Herb has always lead the charge for the shorts against IOM.
The latest push to rationalize the short position by Herb implies the need
to do so. IMO the shorts are feeling uncomfortable and need
to bolster their position, they still haven't covered.

Their market cap analysis comparing IOM to the hard drive
makers shows just how desperate they are, The hard drive
manufactures not only have many players causing commodity
pricing but also don't have residual income from high margin disks.


Regards
Reseller
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