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

To: stock bull who wrote (50455)	3/17/1998 4:34:00 PM
From: s. bateh	Read Replies (3) \| Respond to of 58324

Update!!!!!!!!!!!!bash me if you want....but i have never seen the activity like today...over 950 zip scsi ext.......675 zip plus ext......300 jaz 1gb external.....250 jaz 1 internal.....zip atapi.....150 5pks.......over 2490 zip parallel (1490 from miami).....and a ton of product will be in before the end of month...

To: stock bull who wrote (50455)	3/17/1998 5:39:00 PM
From: Kevin Linder	Read Replies (1) \| Respond to of 58324

I think every investor has to ask whether they believe that this is a company specific problem or a widespread technology slowdown. With INTC, CPQ, MU, and BAY I think that this is pretty clear that the whole technology sector is slowing. Therefore, it is possible that the shipment rates for OEM's is even just overall unit shipments lower. If this is so then the heavy promotions with Best Buy will help offset slow OEM sales. (Something the Disk Drive companies can't do.) Increasing sales are what higher advertising expenditures are supposed to do. IOM recognized this in January and started the advertising program. CPQ did not recognize the upcoming slower saes and didn't warn till start of March and a promo program is now in place what march 16th. IOM had $196 million in cash on hand on 12/31/97. This is a fairly good warchest compared to the amount Syquest has available. (If this is a general tech slowdown what will Syquest's quarter be -- $25 million sales $40 million loss?) Yes this stock has risk and is not for the faint of heart. I have followed this stock since january of last year. Short as well as long. The profit from here is not by being short. IMO.