Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gary Wisdom who wrote (42609)	1/6/1998 6:20:00 PM
From: John Solder	Respond to of 58324

>>Maybe that's why the stock sucks. Amen to that brother.

To: Gary Wisdom who wrote (42609)	1/6/1998 6:21:00 PM
From: Gary Wisdom	Respond to of 58324

It's all over but for the fat lady (Rocky?) singing. Went to Price Club today to buy 100 gallons of toothpaste. For the first time, I saw that they were selling 10 pack Zip discs (for $99). Counted 4000 discs. That's $40K of inventory. When they buy, they buy for several hundred Costco/Price Club stores. I don't know how many stores they have, but let's just say they have 200 nationwide. That's $8MM of inventory in a place where if they don't turn their inventory in a week, they're not interested in the product. Oh yea, they also carry Zips and Jaz drives. This is going to be one fantastic quarter.

To: Gary Wisdom who wrote (42609)	1/6/1998 6:24:00 PM
From: Spank	Respond to of 58324

OT Jobs: I didn't think Jobs handled it wisely, but I thought Francis might have found out more about the company instead of pushing the CEO thingie once he realized he wasn't going to get anywhere... -Spank

To: Gary Wisdom who wrote (42609)	1/6/1998 11:06:00 PM
From: Naggrachi	Respond to of 58324

<<Niggerochi, have to disagree with you about the Jobs interview. Bruce Francis was doing his job. It was Jobs that wasn't doing his. No other CEO in America would have reacted that poorly in a venue that reaches millions of investors.>> According to Francis, it is against CNBC policy to conduct an interview under any restriction. Now, if Jobs new this, do you really think he would have gone ahead with the interview? My take on this is Bruce Francis was very aware of what was about to take place and had this whole thing planned. Here's a CEO of a multi-billion company taking crap from a low life reporter? I think not. The internal affairs along with sensetive issues is not open for everyone. I don't think Jobs reacted poorly. It would have been nice to see him deck Francis, kind of like Jim Everett did a while back. Francis would think twice before embbarassing another person on live TV. <<Maybe that's why the stock sucks>> It closed up $3. Zead