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

To: s. bateh who wrote (40438)	12/18/1997 10:39:00 AM
From: Zakrosian	Read Replies (2) \| Respond to of 58324

Did Wall Street really view a fourth quarter introduction of Jaz2 as that critical to Iomega's business???

To: s. bateh who wrote (40438)	12/18/1997 11:48:00 AM
From: Zebedee Wright, Jr.	Read Replies (1) \| Respond to of 58324

s.bateh You were asking about a pre-split rally. Looks like we might have had that yesterday, since IOM dropped less than 1 pt. Seriously though, when things look the bleakest, when you feel all hope is lost, the sun shines again. And when it does, it shines its brightess. Long IOM Zebedee

To: s. bateh who wrote (40438)	12/18/1997 12:14:00 PM
From: Michael Coley	Read Replies (2) \| Respond to of 58324

RE: Is it really as bad as it seems? >> From 33.5 to 24.5! in 2 weeks is not just bad...its sad......... << Like everyone on the thread, I've been feeling it too. But if we go back and look at the numbers, is it really so bad? The split was announced on 11/12 after the market closed, when IOM was at 28 5/8. During the month preceeding the split announcement, IOM traded between 22 and 30 1/8. Since the split, we've traded between 24 3/8 and 33 1/2. Look at it this way: Month Before Announcement .............. 22 - 30 1/8 Split Announced at ................................. 28 5/8 After Split Announcement .................. 24 3/8 - 33 1/2 It certainly looks positive to me. Just because we're at the bottom end of the range right now, we can't lose site of where we've been. - Michael Coley - i1.net