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

To: Bearded One who wrote (40600)	12/18/1997 5:51:00 PM
From: Brendan2012	Read Replies (1) \| Respond to of 58324

>>Accounting tricks like this are one of the things that draw us shorts to this stock.<< What? Provide some evidence. IOM's accounting has always seemed quite conservative! Brendan

To: Bearded One who wrote (40600)	12/18/1997 6:04:00 PM
From: Ken Pomaranski	Read Replies (3) \| Respond to of 58324

Yes... I mostly agree with you. BUT.. One thing I've noticed is that the average trading volume doesn't double after a split. It seems to go up about 1.5x. (very scientific I know.. but it is something I like to follow) this tends to cause some liquidity problems. Also.. It can be tough to drop $12 stocks down further.. expecially when the stock actually has real earnings. There is some herd mentality that can keep these things up. There's that 'lure' of cheap stocks that people just can't stay away from. Also... Both Rocky and you make reference to 'slower ZIP sales'. While I think this will happen in the future, there is no evidence yet to support this. I've been looking for it for over a year now. It is quite possible, (but I may not stick around to see this) that CLIK may pick up just in time to help slackening in the ZIP market. (mid 1998? 1999? who knows?) Don't forget that Iomega has a huge warchest and a 2 1/2 year lead on any competition. kp