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 (48230)	2/19/1998 12:52:00 PM
From: s. bateh	Read Replies (3) \| Respond to of 58324

Good luck....by the way checked with ingram this morning and they still show over 20k in internals on bkorder..but...but....they have 1600 on the way in with around 1500-2000 every couple of weeks after....question? why couldn't iom blow out those 20k....should be real easy....why always have that many on backorder on the internals....they should be at the point by now of really cranking the product out..........again...maybe others can check to see if the fifo principal is in effect and other companies are getting some, ie mail orders etc..or is demand so high for the likes of dell that it is still striping supply.....not a bad thing......sell all you can make.

To: Brent D. Beal who wrote (48230)	2/19/1998 1:17:00 PM
From: Jack Wolf	Respond to of 58324

Brent, Hate to see you go, but I agree completely with your analysis of IOM management's problem. The lesson to be learned about a management which proudly proclaims not to care about stock prices is clear, don't buy it, or if you have, get out fast! I am down to only a couple of thousand shares now, and it is difficult to give-up on this company after studying and following it for so long. Still love the products, but I think IOM may have missed a critical window of opportunity to knock-out the competition. The plain truth is that the purpose of a public company is to make money for its shareholders. That's it! KE as CEO is responsible, period! Best of luck on your future investments. Jack

To: Brent D. Beal who wrote (48230)	2/20/1998 12:12:00 AM
From: Naggrachi	Respond to of 58324

<<Wouldn't it be nice to see 2 or 3 press releases every morning about how Dell shipped XXX number of computers last month with Zips on board or that Compaq just added the Zip to another line or that another million Zips were shipped in the last 3 weeks, etc. etc. etc.>> Well, at first I diagreed with you, however, as I think about it, I guess your right. I mean, If Imation issues a press release for an order of 2000 drives, why not IOM? I think the way IOM looks at is as follows. What's the big deal? Why hype another sale? Zead