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


To: Michael Coley who wrote (45766)1/26/1998 11:14:00 PM
From: Cheeky Kid  Read Replies (1) | Respond to of 58324
 
Have you entered to win a DELL computer with ZIP BUILT-IN?
iomega.com



To: Michael Coley who wrote (45766)1/26/1998 11:22:00 PM
From: JYatsu  Read Replies (3) | Respond to of 58324
 
Speaking of removable storage, a friend of mine told me of a $30 kit that allows one to convert a 1,4G hd into a portable storage. Allegedly it allows one to access through a parallel port and have much the same function as anything Syquest or IOM have for a much cheaper price. Is this a threat to IOM business model? Has anyone had any experience with this kit? TIA jyatsu



To: Michael Coley who wrote (45766)1/26/1998 11:59:00 PM
From: cruncher  Read Replies (8) | Respond to of 58324
 
<<Looks like the large institutions are buying IOM>>

Hello Michael,

I downloaded every single IOM bid and ask order
for today's transactions. I then loaded the
data into MS Excel, and filtered out all buy and
sell orders greater than 100,000 shares. I then
sorted the data by time of day.

The following chart leads me to believe that most
of the large buy orders (bid column) are coming
from the large institutions.
Most sell orders were for small quantities.
In my opinion, it looks like the small investors
are selling IOM shares for all the reasons
discussed on this thread (ie. margin calls,
uncertainty, etc...) and the large institutions are
buying IOM shares at a discount.

Jan 26/98
BID 15:59:09 8.5 260000
BID 15:57:25 8.5 303900
BID 15:53:43 8.5 300000
BID 15:53:33 8.5 300500
BID 15:52:46 8.5 300000
BID 15:45:56 8.5 300000
BID 15:33:23 8.5 300000
BID 15:28:47 8.5 300000
BID 15:24:51 8.5 350000
ASK 15:21:21 8.5625 200000
BID 15:14:36 8.5 400000
BID 15:14:07 8.5 350000
BID 15:13:58 8.5 320000
ASK 15:10:53 8.5625 150000
BID 15:10:53 8.5 360000
BID 14:59:01 8.5 350000
BID 14:57:12 8.5 360000
BID 14:54:29 8.5 350000
ASK 14:54:04 8.5625 150000
BID 14:48:50 8.5 400000
BID 14:47:02 8.5 360000
BID 14:41:03 8.5 350000
BID 14:38:20 8.5 340000
BID 14:31:12 8.5 330000
BID 14:24:29 8.5 320000
BID 14:24:17 8.5 320000
BID 14:24:11 8.5 312400
BID 14:24:10 8.5 300000

I will NOT sell my IOM shares at a discount to
these institutions.

What do you think????