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


To: studdog who wrote (35899)11/15/1997 1:46:00 PM
From: Ken Pomaranski  Read Replies (1) | Respond to of 58324
 
To All:

The biggest problem with the stock price right now is the street's
confusion over the split. (I'm sure everyone else on this thread,
like me, is wondering why the heck they did it.) There is no doubt
in my mind that the share price would be over 30 without this
announcement. Has anyone here got any answer from investor relations?

But, this will all be old hat come December, and I'm quietly loading
up on the FEB 25s (FEB 12 1/2s!) on weakness.

On another topic: there is no doubt in my mind that Syjunk, or whatever it's called, could be a better value to a consumer than the
ZIP drive, but there is no way this product will get enough market
share to pull SYQT out of 'virtual bankruptcy'. This product in the
hands of a company with more resources could be dangerous, but as it
stands today, it's much too late. ZIP is just too entrenched.

anyway, good luck, and try not to focus too much on the short term
movements of the share price. All will be rewarded in good time...

kp



To: studdog who wrote (35899)11/15/1997 3:14:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
>> Who's gonna make money in the current computer industry environment? <<

Actually, CPQ stated recently that margins are not that bad in the <$1000 computer arena. They are making cheap computers with very cheap-ass components, and as a result, margins are actually increasing in some cases. Some of these components like older CPU's and 1.44 floppies inherent in these machines are practically at giveaway prices at the wholesale level.