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: Naggrachi who wrote (43456)	1/14/1998 5:00:00 PM
From: Francis Muir	Read Replies (1) \| Respond to of 58324

IOM at 12 1/2 Hard to see why it should move from there this week. Here are the current Call volumes on the Jan Options: 10 124 11 1/4 47 12 1/2 1901 15 116 17 1/2 22 The 11 1/4 is anomalously low -- maybe because no-one realized there were any at that price... But clearly the rather large volume at 12 1/2 will discourage much movement from that position. FIDO

To: Naggrachi who wrote (43456)	1/14/1998 6:44:00 PM
From: Zakrosian	Read Replies (2) \| Respond to of 58324

Zead - As you probably know, Iomega's Jaz disks represented about 1/3 of HMTT's business last quarter, so it's safe to assume that IOM sold a heckuva lot this quarter. That was a somewhat interesting article on the replacement of the 3.5" floppy, but it seems the author missed a couple key points. One is that CPQ - one of the key backers of the LS-120 - is increasingly featuring Zip drives as standard, as is Sony, who's supposedly coming out with the next Zip-killer. A good indication of just how important IOM is to HMTT is to compare HMTT's business with STMD's and KMAG's. In fact, compare how HMT is doing with any of the disk drive component suppliers.