SI
SI
discoversearch

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: Bill Lin who wrote (50618)3/18/1998 12:47:00 PM
From: Linda Pearson  Read Replies (2) | Respond to of 58324
 
<low prices.>

Investor Relations said lowering prices after review of advertising situation April/May was a "possibility".

Also mentioned lowering Zip to $99 during conference call. But, they were trying to milk the higher price for as long as possible.

Linda



To: Bill Lin who wrote (50618)3/18/1998 1:14:00 PM
From: Kevin Linder  Read Replies (1) | Respond to of 58324
 
I have a different solution. a long term relation with another disk drive company. Sell $300-400 million in stock to SEG, WDC or QNTM. Remember QNTM financed the Penang facility. This would be a very bullish signal and drive the sock up dramatically. Plus this would be a very good long term alliance. The disk drive makers need IOM's sales growth and SEG, WDC have the cash to spare -- at least SEG does.
They also would benefit from the market exposure and management skills that could be shared. If such an annoucement would be made assume IOM would gain $10 per share within first week

Kevin



To: Bill Lin who wrote (50618)3/18/1998 10:20:00 PM
From: Steven Seefeldt  Respond to of 58324
 
Yes, lower the prices!!!!!