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


To: Reseller who wrote (43741)1/17/1998 2:15:00 PM
From: Michael M  Read Replies (1) | Respond to of 58324
 
Re. split: Reseller, if memory serves (too lazy to actually look it up at the moment), haven't all the IOM splits taken the stock back into the mid teens (the most recent one certainly looked like it would result in a price of $16 or $17). This split looks no goofier than the first, which was a three for one! One could speculate that the company wanted the stock to be "affordable" (and concentrated in the hands of individuals vs. institutions?). Could this still be the case? If so, why?

I'm expecting .15, maybe .16 this time around...anything more, in my view, would be stupendous. I have a feeling the CC will be on the stunning side (wish I had a better clue re. stunning good or stunning bad). Production, sales, and currency conversion all look like big positives. Jeeze, I hope we don't hear too much about competitive pricing pressures or some dreaded product glitch/delay. Apart from the Sundance film festival release early last week, I would say the Roy Boys have taken this quiet period thing to a new level. I hate when there are no "signals," leaks or friendly slips of the tongue.
Of course, a great Q4 number and a great CC will mean nothing if the sarcastic idiots on see and be seen give it the sneer treatment.

BTW, this stock's not part of the S&P 500 yet, is it? Hmmmmmm?
BTW #2, thanks for all the info you bring to the tread.