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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (35333)11/12/1997 10:30:00 PM
From: jasgale  Read Replies (1) | Respond to of 58324
 
Its my understanding that KE's contract is tied to the company stock price. I don't think anyone dreamed of this much success in this short of a time period. They are going to need all those new shares to pay KE.:8)
And he deserves every share. (along with the rest of the employees)

What will tomorrow bring?
"time will tell"

gale



To: KM who wrote (35333)11/12/1997 10:41:00 PM
From: Roger Nelson  Read Replies (2) | Respond to of 58324
 
OT: It has taken me a long time to get through all the post today. Strange day!! Bad Day at work! My Cat is dying (she can't move and she jerks every minute or so -- maybe old age) and to top it off IOM unclogs their investor relations printing press.

On Topic: If Dr. Iomega is right then we have partnerships to look forward to. Who can explain the stock split? Except to say they like cheap shares and they want to draw attention to the "Big announcement" I am concern about this announcement because it is so out of character of IOM. Several of us had all kinds of guesses what the fingers where counting down to and almost all of them happened today except the nhand stuff. Can we see any mergers or major joint ventures that will make the stock split seem reasonable?

So far I have not been wrong with IOM, just got to perfect my timing. Purchased 2000 shares and 100 IOMLF (Sorry Gary) Contracts in two days -- Hope I've got it right now! Yea! but I'm still a little guy...tommorrow maybe I will be a big little guy.

Roger



To: KM who wrote (35333)11/13/1997 4:27:00 AM
From: Teddy  Read Replies (1) | Respond to of 58324
 
**OT** i don't know,
The drillers do seem to be "consolidating." There seems to be two opinions on the thread: one is that the whole market is going to correct more and the drillers will too, but will recover quickly because they have the highest earnings growth rate of any secector.
The other idea is that they will ralley quickly because of trouble in the Middle East (so more exploration in other areas) and Exxon and Mobile just said yesterday that they will be spending more on exploration next year (they lease rigs from all the drillers).

Also there is talk of profit taking for the end of the year.

I don't know about short-term movements, but everyone agrees that the long-term is very positive.

Best wishes, hope you both get well soon.