Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: cruncher who wrote (45772)	1/27/1998 12:22:00 AM
From: jmj	Respond to of 58324

Not to you directly cruncher, saw Zip Bahama ad on History Channel about 1030 or 11PM tonight took me this long to get through todays posts JMJ

To: cruncher who wrote (45772)	1/27/1998 12:24:00 AM
From: jwk	Read Replies (1) \| Respond to of 58324

>>What do you think???? <<< Well, it does beg the question, why would institutions be willing to pour (poor?) in over 1/2 billion dollars to the corporate coffers of a company with its back up against the wall and its only hope for survival a desperate last ditch ad campaign,? unless.............. Curiouser and curiouser, eh?

To: cruncher who wrote (45772)	1/27/1998 12:33:00 AM
From: Gottfried	Respond to of 58324

cruncher, good stuff! So all the big bids were during the last 90 minutes or so. Can you be sure each bid is different and distinct? And how do you know they were filled? Finally, what kind of data feed do you use? (I love doing this type of thing with spread sheets, but to get the data must be expensive.) This confirms my suspicions, too. I won't sell after all this pain. GM

To: cruncher who wrote (45772)	1/27/1998 12:37:00 AM
From: Les White	Read Replies (1) \| Respond to of 58324

<<Cruncher's buy and sell orders>> Would you explain your data further. Are these orders placed but not necessarily filled? My tick data shows only four orders for 100k or more executed: 11:41 100k @ 8.75 12:02 178k @ 8.812 12:51 136k @ 8.75 13:40 100k @ 8.687 Les

To: cruncher who wrote (45772)	1/27/1998 1:26:00 AM
From: Michael Coley	Respond to of 58324

RE: Institutional Buying? Cruncher, >> 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. << That certainly seems reasonable. Where did you get your time and sales data? I'd love to get my hands on something like that. - Michael Coley - wwol.com

To: cruncher who wrote (45772)	1/27/1998 3:39:00 AM
From: Profi	Read Replies (1) \| Respond to of 58324

<<Looks like the large institutions are buying IOM>> I really would like to believe this...., but....! Your list has close to 9M shares between 14:24 - 15:59. The total trade for the day is about 10M. The day chart seems to show most of the day trade (easily more than 5M of it) happened early in the morning including several peaks in excess of 100K. And there are no peaks larger than perhaps 80K in the afternoon. The only thing that I can see positive in the daily chart is, for some reason, there was hardly any trading between 12:30 and 1:30. I am not sure if this indicates getting close to a bottom or investors were out to lunc... :-) (or they may be watching Bill's adventures on CNN for some action).

To: cruncher who wrote (45772)	1/27/1998 9:52:00 AM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Re: <<Looks like the large institutions are buying IOM>> This is not correct. What you downloaded was the current bid. Each bid you show is the cumulative bid, not a new bid. There was good support at 1/2, but these are not separate bids. Very little big block volume yesterday. Most trades were individuals meeting margin calls, IMO. The few big blocks might have been leftover institutional selling.