SI
SI
discoversearch

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: JYatsu who wrote (44389)1/22/1998 2:54:00 PM
From: RetiredNow  Read Replies (1) | Respond to of 58324
 
Interesting comparison for everyone to ponder:

I bought some EGRP (E-Trade) at $27 per share a while back. About a month later Chris Cristakos announced a $25M ad campaign, the first major announcement that started the on-line brokerage ad wars and forced many on-line brokerages to lower their commissions to compete. After this announcement the stock steadily rose to about $47 before beginning its retreat.

Could this Super Bowl ad for IOM be the harbinger of a similar move in the stock price? I don't usually like to speculate in this direction, but my God, that ad will reach 100 MILLION people! This has got to give the stock some upside impetus. Any thoughts?



To: JYatsu who wrote (44389)1/22/1998 3:43:00 PM
From: Gottfried  Read Replies (2) | Respond to of 58324
 
JY, *** OT investors add no value ***
Initial investors who buy IPOs add value. Subsequent
trading in the stock adds no $$ to the companies coffers.

GM