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

To: Rational who wrote (50272)	3/16/1998 7:23:00 PM
From: isdsms	Read Replies (3) \| Respond to of 58324

<<Purely from a supply-demand point of view, the stock will move up a little>> Can you say margin call? If not, how about downgrades? No one should buy this stock for it is certainly going down from here. How far...who knows?

To: Rational who wrote (50272)	3/16/1998 7:50:00 PM
From: Senthil Sankarappan	Read Replies (1) \| Respond to of 58324

Sankar, I remember seeing your profile as a Financial professor in some Univ. So, i think u can answer better to the financial questions. What do you think of the situation in IOM. Just short term problem or is IOM done as many bears say. What do you think IOM can/should do to overcome this market saturation for Zips? Release Zip200? I can digest falling short of one or two cents but a loss is scary. (Also, the flat revenue.) Simply, what is your short term/long term view of IOM as an investment? esp for the longs who have been hurting recently. If IOM can still replace floppies down the road, i have no problem of holding it for the long term but if the company can't even be profitable, how can people believe that it can replace floppies? Thanks in advance -senthil

To: Rational who wrote (50272)	3/16/1998 9:44:00 PM
From: Michael Coley	Read Replies (2) \| Respond to of 58324

RE: Buying and Selling Today. >> It seems the price was settling at $8 in the morning (this was the price at which many insiders recently bought), but more panic sale ensued. << Looking at 30 minute blocks of time, the $8 wasn't significant. I tend to disregard the first 30 minutes of trading in a day, because most of the big players stay on the sidelines during that time. wwol.com My observations from the day: The biggest positive money flow period was from 11:30 - 12:00 when 2 million shares pushed the price back up from the lows of the day to the 7 1/16 - 7 1/8 range, where it stayed most of the day. The selling was still very intense the rest of the day, but the buyers held strong. The last hour (15:30 - 16:00) of the normal trading day had a large volume, which I think reflects day-traders getting out. They'll probably be back tomorrow to play. - Michael Coley - wwol.com