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


To: Ray Dash who wrote (37524)11/26/1997 9:20:00 AM
From: Linda Pearson  Read Replies (1) | Respond to of 58324
 
Ray, I see you have a similar opinion...so if we are wrong, I'll let you take the flack!

Where in NC are you?

Linda



To: Ray Dash who wrote (37524)11/26/1997 9:22:00 AM
From: Brian Heath  Respond to of 58324
 
To All:

I've followed this thread for about six months but been in the woods for last two weeks. What finally caused the break above 30? Whats the concensus on the direction now? I would synopsis from a regular there are too many posts to read from last two weeks

Thank you



To: Ray Dash who wrote (37524)11/26/1997 9:24:00 AM
From: Michael Coley  Respond to of 58324
 
RE: How many are short at what levels?

>> I've been wondering where the 13 million short-shares are, and my hypothesis is that 35-36 has a large percentage. <

Those would be some very, very long-term shorts. It's been around 18 months since we were in the 35-36 range.

I would guess that most of the shorts are of a much shorter time-frame, perhaps 1-3 months.

The fundamentals have changed so dramatically (and so much that was "potential" has become "history") over the past 18 months that shorts would have to be pretty dense not to have reconsidered their position. Shorts are typically thought of as fairly sopohisticated investors. I would think that most of them have got out and others have shorted at lower, more recent levels. The short interest has been halved between October 96 and November 97:

pacificserv.com

- Michael Coley
- i1.net



To: Ray Dash who wrote (37524)11/28/1997 9:04:00 AM
From: Ray Dash  Read Replies (2) | Respond to of 58324
 
Well everyone, looks like we're coming up on the anniversary of the JP Morgan debacle when they decided to lower the 4Q estimates that IOM met anyway (anyone remember the exact date?) Blew the stock right out of the water. Always wondered about that one-- maybe sacrificing the sm inves to some big time buddies? Perhaps they'll atone for their sin by giving us an updated target? Is there anyone else here waiting for some earnings upgrades? KE was pretty emphatic in the CC about the strength of the sell-in in Sept. Call me a fool, but I believe him when he said that the production problems are over. I'd certainly be more comfortable with a lasting PE over 50 if earnings increase is over 75%. What about next year? Laptop Zip, ZipPlus (just got me one), Jaz2G (outside chance clik!)-- I hope the analysts are planning on doing more than just enjoying the holidays-- who knows maybe Todd B spent Tday at KE's!!

Time to clik! butt, Ray