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


To: Troy Shaw who wrote (36737)11/20/1997 7:40:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 58324
 
Here's the ACCURATE short interest figures for Iomega as of Nov. 14

From the WSJ

October 15 12,109,741
November 14 13,885,724

14.7% increase
Avg trading volume 3,427,177

Some pertinent facts:

Trading range from October 15 to November 14: $22 - $30

Stock closed at $28.6875 on November 14

THUS, EVERY SINGLE PERSON THAT SHORTED IOMEGA DURING THIS PERIOD IS IN A LOSS POSITION.

HA HA!!!!!! Just goes to show you not to mess with the best!!!

Watch out. Very soon all 13 MM shares will have to be bought back. We haven't even begun to see the top on this stock.



To: Troy Shaw who wrote (36737)11/20/1997 7:41:00 PM
From: Gary Wisdom  Respond to of 58324
 
Press coverage of Clik!

In today's Sacramento Bee (yes, that's where I live), they have an article titled "Honey, Iomega has shrunk the disc drive" where they talk about Clik!

Very cool. Great press coverage.



To: Troy Shaw who wrote (36737)11/20/1997 11:05:00 PM
From: Brendan2012  Read Replies (1) | Respond to of 58324
 
>>By the way, Iomega did not intend for the Jaz Jet to be used for the Zip without a Jaz connected to it first. That is why you are having a problem finding the adapter you want -- I don't even know if such an animal exists. That's why you're having a difficult time.<<

Ah, I guess that's the real problem. Maybe I should just get a Jaz to solve the whole thing :). I got the Jaz Jet because the store was out of Zip Zoom, it was only $50, and I figured SCSI 2 might be better at some point anyway (if I got a Jaz).

Brendan