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Non-Tech : Rocky's Personal Iomega Thread -- Ignore unavailable to you. Want to Upgrade?


To: Stephen Leung who wrote (87)1/23/1998 1:11:00 AM
From: Rocky Reid  Respond to of 166
 
>>The Zip may have the dubious distinction of becoming the eight-track cassette. I still think there will be a bounce in Iomega's share tomorrow.<<

I've been saying that it won't be long before we start seeing Zips on flea market tables next to the CB Radios. The Sony marketing machine is not something to sneeze at. This is another reason why I think KE plans to spend $100MM in a pre-emptive strike against a looming Sony HiFi.

The general concensus is that IOM will tank to $9 early tomorrow, then bounce back to around $11 1/2 or so. Since this is now the general opinion, I am now skeptical of it. I now think that maybe it will only go down as far as the $10 level, and stay there. For awhile.