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

To: KM who wrote (43729)	1/17/1998 1:12:00 PM
From: Reseller	Read Replies (1) \| Respond to of 58324

Truff , You've echoed my sentiment. >>It's too cheap now to be considered by a lot of mutual funds. The spec can manipulate it at will.<< I've tried to reason this split under the auspices of the need for additional optional stock and it doesn't make sense, I would really appreciate anyone commenting on the theory behind a stock split justified to provide additional liquidity for stock options. The split stunned the community and was a brazenly bold move. My conclusion is that they have one hell of a quarter going in order to pull this off without destroying the momentum. Good Luck Reseller

To: KM who wrote (43729)	1/17/1998 2:13:00 PM
From: FuzzFace	Respond to of 58324

Truff, I'm sorry you want out, but I can't blame you. The whole market scares me now, and every morning I have to fight the urge to sell everything. With IOM, I keep reminding myself that when earnings come in at $0.15, that is almost double Q496's $0.08. Yet the stock price is still in the range it was in during Q496. One year of standing still while earnings double is enough. IOM is poised to break out on the upside. I too did not like the split from day one, but I'm still reserving judgement on the dollar volume until after numbers. As far as the spec manipulating it, when has that not been the case? :( EdwinK!

To: KM who wrote (43729)	1/17/1998 3:56:00 PM
From: John Lacelle	Read Replies (1) \| Respond to of 58324

Truffie, Why do you want to bail on IOM? I see nothing but upside for this company. Perhaps one day it will be listed as an S and P 500 stock and the fund industry (which is now hugh due to Boomer interest) will really start to pick up the stuff. I like their products, they just about have the market cornered, and the margin is about to increase due to Asian deflation. Clearly, the best days for IOM are ahead. I'm gonna pick up some nice options and wait for the big Kahuna :*)! Ciao, John (who is gonna go way looooooooooooong on IOM)