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: Brent D. Beal who wrote (47266)	2/9/1998 2:05:00 AM
From: slipnsip	Respond to of 58324

"6) A friend of mine (he works at Olde) swears that over 3M SuperDisks have shipped. This can't be right but I can't find anything on it. Anybody have some data?" HAHAHHAHA Wouldn't put to much "stock" into the quality of research available to a broker at Olde (unless they are utilizing resources outside of the firm). Willing to bet that he has been there less than 2 years. Willing to bet that 80% of their brokers have been there for less than 2 years. With that in mind, I think the firm has been around for 15 or 20 years or something like that.. Nothing against your friend, great opportunity to get your feet wet and your Series 7.

To: Brent D. Beal who wrote (47266)	2/9/1998 9:20:00 AM
From: Dale Stempson	Respond to of 58324

Re: >>> 2) Assuming that Buz and Jaz2 actually ship around the middle of this month, how much could this add to this quarter's revenues? I could see Buz adding $50-70 million, but I don't know what to think about Jaz2. . .<<< Brent, I don't have my notes handy, but I believe KE mentioned the estimated $ impact of the delays in the last CC. You might read back through the CC text. >>>3) I expect SyJunk's earnings (losses) to make it clear that the company isn't going to make it. Shouldn't this have a positive impact on IOM?<<< While I certainly expect Syquest to report a loss for last quarter, I would think that most everyone else does too. I believe their status comments on SparQ, SyJet and Quest will be what moves their stock. IMO, there is a greater possibility for a (small) negative impact on IOM if they report very strong unit sales, regardless of their earnings loss. Regards - Dale

To: Brent D. Beal who wrote (47266)	2/9/1998 12:42:00 PM
From: stock bull	Respond to of 58324

Ruling by German Court: Frankfurt Court Grants Iomega's Request for New Ex Parte Preliminary Injunction Against Boeder In Germany ROY, Utah--(BUSINESS WIRE)--Feb. 9, 1998--Iomega Corp. (NYSE:IOM) announced Monday that on Feb. 6, 1998, the Landgericht Court in Frankfurt, Germany, granted Iomega's request for a new ex parte preliminary injunction against Boeder, a private labeler of the XHD disk manufactured by Nomai S.A. Iomega has initiated legal proceedings in several countries based on statements made on XHD packaging and advertising that Iomega believes are false or misleading with respect to the Zip drive compatibility of XHD disks. Iomega's latest request for a preliminary injunction in Frankfurt was based on the misleading "Zip-compatible" statement in a Boeder press release issued in Germany on Feb. 5, 1998. According to Iomega, not only did Boeder's misleading statement provide grounds for a new preliminary injunction, it also violated Boeder's binding agreement given in German court just one day earlier to refrain from making such statements. Violation of the new preliminary injunction issued on Feb. 6 is subject to a fine of up to DM500,000 or imprisonment of the managing directors of Boeder for up to six months. "Iomega cares about protecting its customers and the information they rely on to do their jobs or manage their lives," said Kim B. Edwards, Iomega's president and chief executive officer. "We are also careful to make truthful statements about Iomega products. We will be vigilant in requiring others to live up to that standard as well." Iomega Corp. provides personal computer storage solutions that help people manage their computer stuff -- anywhere. These solutions include: Zip drives and disks; Jaz one-gigabyte drives and disks; and Ditto tape backup drives and tape cartridges. Used in homes, business, government and education, and by creative professionals, Iomega storage solutions are available through computer retail stores, resellers, major distributors and OEMs. The company can be reached at 1-800-MY-STUFF (800-697-8833), iomega.com and additional Iomega press releases can be accessed through the toll-free fax-back line: (888-88-IOMEGA). -0- NOTE TO EDITORS: Iomega, Zip, Jaz, the Iomega logo and the stylized "i" are registered trademarks of, and Ditto is a trademark of, Iomega Corp.. All other trademarks are the property of their respective owners. CONTACT: Iomega Corp., Roy Susan T. Stillings, 801/778-3585 stilling@iomega.com Tyler Thatcher, 801/778-4362 thatcher@iomega.com