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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: David S. who wrote (895)	6/21/1999 7:31:00 PM
From: Cogito	Respond to of 5023

>>Hey Allen, What's the deal? Over the weekend weren't you and other regulars saying IOM was finished due to their preannouncement.<< David - No, I don't believe I was saying that. I just figured the stock would go in the toilet for at least the next few months, barring excellent news, and I didn't anticipate any excellent news. But that's why it's called news, isn't it? If you already knew it, it wouldn't be news. In fact, I thought that the stock would drop more than it did on Friday, and I was very surprised to see it come back almost the full amount today. I'm not convinced we've seen the bottom yet, though. - Allen

To: David S. who wrote (895)	6/22/1999 5:11:00 AM
From: Reseller	Read Replies (1) \| Respond to of 5023

Someone got kicked in the cohodes today. A couple of thoughts about the new ZipCD drive. The strategy of leveraging both the Zip name with a Philips CD-RW drive fits, it allows IOM to concentrate on developing or co-developing the next generation drive which IMO will be a DVD-RW drive while at the same time showing the industry and more importantly their customers that Zip means storage even if you want optics. This will further enhance their optical brand recognition with what ever DVD-RW drive they come out with. The name will continue to be built up, every one has heard of Zip and now Zip means optics as well. ( I like it ) They should have been able to extract a favorable OEM price from Philips as ZipCD brand should sell a lot of drives. Those that are short seem to have turned up the volume a bit. I could be wrong but it kind of makes me think that they're worried. Cohodes says it's the family that's holding the company up with, IMO discriminating undertones. Besecker should not have allowed this kind of commentary, it really shows a lot of class and professionalism but, if that's the way he wants to show himself, than go for it. They probably have more than 23,000,000 shares to cover by now. vcall.com Regards Reseller