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

To: Brent D. Beal who wrote (41975)	1/2/1998 1:29:00 PM
From: stock bull	Read Replies (1) \| Respond to of 58324

Brent, I think you need to add the following: 1) Analysts are concerned about IOM's competition in both disk drives and media (disks). This includes the possible impact of the new technologies. 2) With about 260 million outstanding shares (after the split), it will take institutional buying to drive the stock up. If these two issues can be resolved, we will then see the stock price move up. Stock Bull

To: Brent D. Beal who wrote (41975)	1/2/1998 1:41:00 PM
From: KM	Read Replies (2) \| Respond to of 58324

Brent: Yes I am worried about it. I cannot fathom why the selling is still going on. Technically, it looks low risk at this price. As far as the earnings and quarter go, I don't know if everyone in the world knows about it. Don't forget the 3rd quarter. The damn thing didn't move the day of the earning report - we all complained about it that day, but moved ~2+ the day after and on to $33. I'm sitting on a large loss on my current positions and am not happy about it. I'm still willing to give the benefit of the doubt and wait to see next week's action when everyone is in town and theoretically the mutual fund buying should start. Somewhat like the week after Labor Day, when, as you will recall, IOM finally took off after languishing a long time. If this weakness continues into midweek next week, I will have to think about bailing. I have shaken every tree and hit up everyone I know who knows anything about IOM and nobody can tell me that they've heard anything is going on or anything negative. Did you ever get in? I don't recall your saying that you did. I wish Darrell Smith would comment here. I suspect that he and his firm are out of the stock, although I asked him that question directly a few weeks ago and he said they were in.

To: Brent D. Beal who wrote (41975)	1/2/1998 2:02:00 PM
From: Scott Norteman	Read Replies (3) \| Respond to of 58324

Brent, My .02! IMHO, it is a time like this that represents the greatest opportunity for a trader in any stock. While we, for the most part like the company and its products and the overall outlook, the price action does not seem to confirm our thoughts. It is easy to forget that short-term prices are largely random and mostly influenced by unforseeable events (the Asian Crisis, analyst up/downgrades, bonehead articles from the traditional, less-than-informed media, blah, blah, blah!!). Eventually, however, the smart (read BIG) money comes to its senses and moves to where it will do the most good. Sometimes this happens suddenly, sometimes in steady accumulation, but it DOES move, causing our intermediate and long-term price expectations to be fulfilled. Now, do I know that this is what is happening with IOM right now? Well, I don't think anyone can know for sure, but all of the technical indicators that I follow seem to indicate a very oversold condition with almost NO real distribution taking place. In addition if you look at the techs overall, I think a good portion of IOM's retreat can be attributed to the tech decline in December. Why, you ask, hasn't IOM recovered any with the rally of the past few days? Good question. Lack of interest? Traders and investors still on vacation? The Earth's moon is now lined up with URanus? Who knows. What I do, however, feel very strongly about is that the recent lack of movement is NOT due to a fundamental change in the company! If any of the garbage being spewed forth by our resident shorts, bears, boneheads, etc. had any merit we would all be seeing some significant volume. We are not. Another thing I thought I would share. If you have one of the TA packages, pull up the Chaikin's volatility indicator and compare it to IOM. Isn't it uncanny how when we reach the current LOW level of volatility, a large price move seems to be in store for the the following week? This indicator is not infallible, but it does serve to confirm my current feelings about IOM. My apologies if this sounded like a lecture. I really don't want to sound like a KNOW-IT-ALL. But, this is one of the few forums where I thought I might hear some intelligent responses. Good luck to all! Currently long a truck-load of FEB 12 1/2 calls. Scott/FL