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


To: Kirce Stojanovski who wrote (44513)1/22/1998 5:25:00 PM
From: HardMoney  Read Replies (1) | Respond to of 58324
 
Excuse me, IOM is going down because they missed earnings after the chose to split the stock.........if you're going to do an inane split,Mr. David Dunne (sp?) are you listening?, you better be damn sure you make your #s.

.....It doesn't have anything to do with CD Read/Write....what are you smoking?

BTW Where's Dr. (BROKER) Iomega now

Frank



To: Kirce Stojanovski who wrote (44513)1/22/1998 5:32:00 PM
From: Eric W. Richesin  Read Replies (2) | Respond to of 58324
 
The only people who lost are those that sold! This news will be reviewed by many analysts and before you have a chance to be one of those lucky buyers at the 9-10 range will profit enormously. I bought in at 12 3/4 today at 3:58 because the company is going places. The price only matters when you sell. The last upgrade was to hit 16 in six months and her predictions were 100% accurate! She said 45 cents this year and that is what they did. Those that are selling at such low's are crazy. If I had the money, and I don't, I'd be trying to buy at these after hours levels. Should be back to 13 by Monday close....If not, oh well, will have to wait it out. This news should get the institutions buying and driving it back somewhat nicely! Packers by 10......



To: Kirce Stojanovski who wrote (44513)1/22/1998 7:08:00 PM
From: Eve Edelson  Read Replies (3) | Respond to of 58324
 
>IOM is going down because the Read/Write CD is becoming a standard and
>CDs are cheaper than IOM tapes.

I can think of a number of challenges to this stock but, based on the tech support experiences I've had,
R/W CD is not one of them. It is interesting how many intelligent people don't want to be bothered
with details, and writing to CD *as of now* involves a bit more thinking than using either a zip or syquest.
Maybe too simple an analysis but I see this often. I've also seen really intelligent people encounter
weird glitches making CDs, generally having to do with the rate of data transfer.
I like new toys but I spend a lot of time troubleshooting one thing or another & at the end of the day time is more precious to me than money. Also - did you mean tapes? (Ditto?) or carts?

On a broader front, I've been reflecting lately about the whole zip saga and wondering why
the hard drive makers even let Iomega, Syquest or Pinnacle survive. Why did they spend
years making smaller, faster & cheaper hard drives and not take the next step?
Am I missing something here? Maybe this has been hashed over. But it seems like a beautiful
tale of grabbed (and missed) opportunities. The current kick in the guts aside, it seems ironic
that Iomega may now be in a position to buy a hard drive maker.

cheers
Eve