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: Gottfried who wrote (45186)1/23/1998 11:48:00 PM
From: stock bull  Read Replies (2) | Respond to of 58324
 
I sure agree that the company's name and brand recognition is very important as related to the sale of product. My concern is how the info was presented during the cc. IMO, management is responsible for handling the cc is such a manner as to leave the analysts with a "warm and fuzzy" feeling about the company and its performance. After all, the financial performance of the company was good and they "only" missed the estimate by 2 cents. Even the analysts said they were not concerned about the financials, it was the cc that sent everyone to the "hills". Just wait and see how long it takes to get back to the 12 - 13 dollar price range. What we saw today was real damage to the stock. The institutions bailed out big time...45 million shares.

Just my thoughts,

Stock Bull