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: Reseller who wrote (43728)	1/17/1998 6:53:00 AM
From: KM	Read Replies (3) \| Respond to of 58324

I've hated the split from day one, minute one: exchange2000.com (and my reply, 6 minutes later) exchange2000.com I truly believe it has taken the momentum out of the stock. It's too cheap now to be considered by a lot of mutual funds. The spec can manipulate it at will. I personally want out as soon as I can get out alive unless we see some big volume buying next week, especially the day after earnings.

To: Reseller who wrote (43728)	1/17/1998 6:54:00 AM
From: Mel Boreham	Respond to of 58324

"Fractured Tales from the Black Lagoon!" The little green Amazonian jungle frog sat right in the middle of a nice large lily pad as he gazed upward at the great hole in the Ozone layer above him, which allowed the stars to appear even more brilliant and closer than usual. As he sat there contemplating the options trades he was planning for the next day, gentle clockwise eddys in the river's currents swirled about the lily pad causing the starry images to reflect as if in some sort of fantastic kaleidoscope. But things were not as they should be... as he looked down at the new set of legs that just begun to grow from his body! He said to himself... " I heard that we were gonna have a two for one split, But this is ridiculous!" Get Legs Iomega! ----Mel----

To: Reseller who wrote (43728)	1/17/1998 12:49:00 PM
From: Les White	Read Replies (1) \| Respond to of 58324

Re << I don't think they would (should) have split the stock >> At the time IOM management made the decision to split, share prices were surging. It probably fit well into their model for the future of the company. Zip was accellerating, Jazz 2 had bright prospects, and click's product development cycle was about to begin. They probably expected IOM to be trading in the 30-35 range splitting down to 15 and then going up from there this year as their product line continues to mature. They probably did not factor the asian meltdown into their forcasts. They probably figured like the rest of us that it really just helps our bottom line and the investment community will be intelligent enough to see that. They probably did not forsee the extent to which the rest of the DD sector's problems would be attributed to them by association. I don't think any of us did either. We all know what a hot hand we have and as soon as that becomes apparant to the rest of the investment community on thursday I think we'll see them jumping back on the horse. Time will tell IOM's story correctly, whether this week or next. At any rate, I don't think they decided to split because the company's outlook was dim. Surely you can forgive them for being as optimistic as we are about the future of the company. Les White (waiting to catch a wave)

To: Reseller who wrote (43728)	1/18/1998 3:53:00 AM
From: Reseller	Read Replies (1) \| Respond to of 58324

Well I'm working at it late this weekend. ! But I did tell the good DOCTOR that before the conference call I would submit some questions. Being that you offered to accept questions that could be considered at the call I'm proceeding as if you in fact have the ability to influence the question selection 1. I would like to know what's up with the SCSI insider shortage ? It appears As if IOM still doesn't have the production capability they need. These have been short now for what seems forever. How about a retail ATAPI box ? 2. Third party production of Zip drives. What , Who and How many. Am I just being overly impatient, it seems that MKE and NEC are sitting on their duff. Are other producers being sought ? 3. IOM production of laptop Zip drives ? Does IOM have the ability to produce and distribute these and at a reasonable cost ? Has distribution has been delegated to others? Have they been given territorial, or time frame rights ? 4. Will IOM build some drives ( other than laptop ) that can't use Naomi disks, and are they more expensive to build ? 5. By looking at the Job openings it looks like everyone has to move to Roy, Is the company getting the people it needs ? The last conference call seemed more informative than past calls and I'm sure all of the big questions are going to be answered, these are just a few that have been hanging around with me for awhile. Although the initial offer to accept questions was made to Jak!, I took it to be generic to the thread. Thank you for the consideration. Reseller