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

To: jwk who wrote (49089)	3/1/1998 2:55:00 PM
From: Naggrachi	Respond to of 58324

<<This is getting interesting.... IBM's oem move, insider buying (reshuffling?), Fidelity picking up a chunk of shares.>> Great minds think alike. <<The question I must ask myself is whose actions to pay attention to at this critical point in IOM's development.... the ratings of an obviously under-employed sound jocky, or the likes of the folks running IBM and Fidelity?>> You take the advice of the underemployed sound jocky becuase he's the end user and knows everything. IBM is a great company who like to squander money around every now and then (cRocky gave a good example of the pc jr and now trying to compete with clik! with a new small disk drive.) As to insider buying/reshufling, what do those people know anyways? Especially fidelity, it's not their money anyways and if they lose, they'll file a class action lawsuit, cRocky will tell this. Zead

To: jwk who wrote (49089)	3/1/1998 2:58:00 PM
From: Reseller	Read Replies (1) \| Respond to of 58324

Re: Fidelity, etc. Correct me if I'm wrong but didn't the WSJ say that individuals were selling while institutionals were buying ? Michael, the SparQ cartridge appears to me to be real flimsy I think these guys are going to have big problems with them. Regards Reseller

To: jwk who wrote (49089)	3/1/1998 8:02:00 PM
From: Reseller	Read Replies (2) \| Respond to of 58324

re: Bears here have been roaring about IOM as a dead in its track failed story stock, yet Fidelity picks up ~15,000,000 shares. Thats a lot of shares, this bears repeating.

To: jwk who wrote (49089)	3/2/1998 12:04:00 AM
From: ben luong	Read Replies (1) \| Respond to of 58324

jwk, I viewd Fidelity's ownership of IOM as negative. If they dump that many number of shares for whatever the reasons, IOM's stock price will be severely depressed. Just look at how Fidelity kills APM. Institution ownership is a bad thing. Even large cap like ORCL can get killed in one day. I think average Americans are so stupid that they let these no-brain mutual fund managers shuffle around their hard-earned dollars. They are much better off buying the S&P spider traded on AMEX.