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


To: Michael Coley who wrote (46022)1/28/1998 3:28:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
One thing propping up NSCP is the fact that there are constant rumors ( particularly recently) about a takeover. The name I hear most of the time for the buyer is Oracle.



To: Michael Coley who wrote (46022)1/28/1998 3:34:00 PM
From: Tom Trawinski  Read Replies (3) | Respond to of 58324
 
Michael & All,

Great analysis. This underscores Iomega's bad perception and Netscape's great admiration to "the street". If memory serves
it was Netscape that was one of the very first Internet stocks when
it went public a few years ago. It was hyped up quite a bit with the
stock price appreciating tremendously the first day or so it was traded, then lost quite a bit the very next day. For Netscape to lose
only 4% after posting a loss while Iomega grows almost 100% yet
loses 40% of it's market cap in one day is strange. Iomega is not
a hyped up stock. It jas proven earnings. There's got to be another reason (or reasons) for it's stock to lose so much. Anyone have any ideas?

Tom



To: Michael Coley who wrote (46022)1/28/1998 9:31:00 PM
From: balloonman  Respond to of 58324
 
MIke, I know you 'get it' It's not the facts that count. It's public perception and perception is reality. The only reality (if you want to make a profit ) is the perception of the buyers. There is nothing that says this has to be fair.