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


To: Teddy who wrote (40651)12/18/1997 10:22:00 PM
From: Brendan2012  Read Replies (1) | Respond to of 58324
 
>>So what about the CC tomorrow? Am i the only one that thinks IOM is going up 6 points on 12 million shares?<<

Maybe--people don't put that much faith in Emerald. I don't expect it to do much.

Brendan



To: Teddy who wrote (40651)12/18/1997 10:29:00 PM
From: Dave Krishna  Read Replies (1) | Respond to of 58324
 
Teddy,

You're right, KE would not do this if it was bad news. I think this
statement in the news release tells a lot.

>>The conference call will feature an overview of recent developments at Iomega and an in depth discussion of the events contributing to the recent volatility in the Company's stock price.<<

Since there has not been any negative news from Iomega, the company,
other than today's ridiculous excuse for a sell-off, I think KE maybe
coming out of his conservative style and start putting all the
uncertainties surrounding Iomega to rest. I am refering to Nomaii,
Jaz 2 delay, Clik! acceptance, Sony competition. The financial media
has been misinforming investors (more than usual) which has contributed to this increasing uncertainty regarding Iomega's future and subsequent sharp price decline. A lot of people believe everything they read in Barrons, Fortune, WSJ, etc. so you can imagine the amount of calls going into IR.

This maybe setting a new standard, if we see Iomega stand up and defend itself against all these outrageous attacks. Perhaps they will start holding these conference calls more frequently to disseminate the real operations of the company to the public.

Regards,

Dave



To: Teddy who wrote (40651)12/18/1997 10:40:00 PM
From: Andrew Fenic  Read Replies (3) | Respond to of 58324
 
Teddy,

Frankly I would be happy if IOM stays above 20 tomorrow. The amount of pessimism and negativity surrounding this issue is staggering. I suppose people are coming to the realization that ZIP drives, even if they do become a standard, are the epitomy of a low profit margin commodity.

I say the smart money today is in "hot" technologies like TDFX's VooDoo chipset. IOM is old news. I dumped my positions today.



To: Teddy who wrote (40651)12/18/1997 11:28:00 PM
From: Cogito  Read Replies (1) | Respond to of 58324
 
>>What do our bears think about the CC? i don't think KE would do that if it was bad news.<<

Edward -

The CC isn't being done by Kim Edwards or Iomega. It's being sponsored by Emerald Research.

- Allen