Silicon Investor (SI) -- The First Internet Community

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

To: Gary Wisdom who wrote (35619)	11/13/1997 5:17:00 PM
From: Gary Wisdom	Respond to of 58324

To: Francis Re: closing prices Francis, As you and I are on the same side (the right one), please don't take this as contentious. Yesterday's close was $28.0625. It went to $28.625 in after market. So, to compare apples to apples: Close to close: $28.0625 to $28.9375 After market to after market: $28.625 to $29 Either way, we win. Also, while only one trade went off after market today, in the last 10 minutes of trading today, 175K shares crossed. That compares to 328K the entire previous hour. Someone wanted to make sure they got their shares before the rest of the world finally realizes tomorrow what a great stock this is. Also, I think today was VERY healthy. I'm sure that the selling pressure came from shorts rather than holders unloading. More shorts mean more buying pressure once we reach the mid 30s. It will ultimately help us. Although today, I sure could have used some Tums. On Iomega!!!

To: Gary Wisdom who wrote (35619)	11/13/1997 8:20:00 PM
From: Chris J. Addison	Read Replies (2) \| Respond to of 58324

Anyone, Having read through the press releases today (and yesterday) and after trying to digest all the news I'm still wondering: 1. Will IOM do any Clik production in-house or license out all production? a. Where will in-house production take place? b What will be the ramp-up cost? Timeframe to ramp-up? c. What about disk production, in-house or licensee's, where, ramp-up cost? d. What percentage will IOM get in royalties from licensee's? 2. The new San Diego office/Division - Admin only? Production? R&D? California labor rates don't make this an ideal location to be setting up a new Division! 3. Tech patents - Who owns what? Sharing of joint developments? Sharing of costs, profits, etc. I've been long on IOM over a year, mainly for Zip. I always considered Jaz and n.hand as bonus products that may or may not payoff in the future. It looks like a very real possiblity that n.hand will payoff big now, but there are a lot of unanswered questions at this point IMO. I expected a much bigger move in the stock price today and still think the price is going higher once the market digests the impact of all the developments since yesterday. However, until we know more details we may not get the big price movement most of us expected. Chris