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

To: OtherChap who wrote (47689)	2/12/1998 10:44:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

There are some beautiful items from the Nomai/Iomega newswire: Judge Wilkin noted that independent testing showed Iomega's products were prone to the clicking problem even without the introduction of Nomai's disks. Kingston said the decision meant Nomai would come to market in the U.S. with a Zip-compatible cartridge. "It's full steam ahead for Nomai," he said, predicting that competition would force Zip-disk prices down from their current price of about $12. "They cost next to nothing to make." So, how long before Iomega announces the reverse split I said they would have to make back in early January?

To: OtherChap who wrote (47689)	2/13/1998
From: the Druid	Read Replies (1) \| Respond to of 58324

It's too late to short because there will be a huge gap down at the open tomorrow. It's not too late for you. You will see 9 at the open and you will catch big gains when it drops to 5 later as you projected. This all hinges on the correctness of your prediction. My take of it is that IOM will drop for sure tomorrow, maybe to 8.5.