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

To: Francis Muir who wrote (35614)	11/13/1997 5:18:00 PM
From: Richard Smith	Read Replies (1) \| Respond to of 58324

i think there is a technical answer as to why iomega dropped today after it rose to 29 7/8. the volume yesterday from 28 to 28 5/8 was extremely light. it oppened with a gap up of 3/8. it rose from 29 to 29 7/8 on relatively light volume. it had to fill the morning gap, i have been watching it and it always fills any morning gaps. although there is one it did not close at about 25.

To: Francis Muir who wrote (35614)	11/13/1997 5:20:00 PM
From: Markas	Read Replies (1) \| Respond to of 58324

Gary, (options) I had a great time watching all the fun today. I held the Dec25s,that I "accidentally" bought yesterday. I thought about taking the 5 1/2 bid prior to the big announcement, but I got in yesterday to be in should the news be really great. Tried to buy some Feb30s but they never retreated as much as the stock did today. Overall, I am very pleased with the news. Analysis here touches most bases. IOM will not be a one product company. Hopefully, those companies "supporting" IOM's Clik have learned from the DVD market squabbles and have deliberately chosen a different path. I am also pleased with the last announcement by LSI. If this company has a working mechanism to capture 1-4meg quality images at an OEM acceptable price, it would require at least a 40meg storage device to provide a comparable # of images to a 36 print traditional film roll. I believe consumers demand at least 24 pictures before download or disc/card swap as well as 35mm print quality. LSI + Clik appears to be the first announced system to meet these CURRENT demands. It is precisely because current digital cameras don't meet these demands that they have not been adopted throughout the "snapshot" marketplace at this time (IMO). Sorry to be so long winded...had lots to think about today! More bullish than ever, Markas