SI
SI
discoversearch

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: Ardner Cheshire, Jr. who wrote (35772)11/14/1997 1:19:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 58324
 
To: Ardner Re: objective thoughts

Ardner,

I'm glad you own Iomega.

Now, relax.

If you've read through the posts, you'll note that there's little volume in Iomega today. As usual, when the volume is small, the specialist keeps the bid low.

Note that 5 MM shares traded yesterday, and as of now, less than 1 MM have traded.

And, BTW, Iomega is now in positive territory.



To: Ardner Cheshire, Jr. who wrote (35772)11/14/1997 1:29:00 PM
From: Trakker  Read Replies (1) | Respond to of 58324
 
<<Any objective thoughts out there?>>

In just over two years Iomega has an installed base of over 10 million zips.

Removable storage was a dead category three years ago.

To date a credible competitor to zip has yet to emerge.

Iomega has lined up all of the major PC OEMs to build in zip.

Clik! is an enabler that transcends the PC industry. Iomega can now position themselves within numerous industries that will provide high margins over the long-term.

Why did you buy IOM in the first place?



To: Ardner Cheshire, Jr. who wrote (35772)11/14/1997 3:04:00 PM
From: isdsms  Respond to of 58324
 
Iomega shot their load. What more can they bring? There won't be any surprises next week. Option interest tells me 25. After that mid 30's, but not next week... sometime before next expiry.



To: Ardner Cheshire, Jr. who wrote (35772)11/15/1997 1:48:00 PM
From: John Alan Wallace  Respond to of 58324
 
<<I own 21 stocks. All but 3 are up today. Only IOM, TXN and HOU are down. If IOM can't go up after all the hoopla, on a day when most tech stocks are booming, do we simply ignore this fact and yell, "Rah rah IOM"?

Any objective thoughts out there?>>

Yes, I think you should sell IOM right away, maybe the other two that went down also. Yes, 18 stocks should be enough.

JW