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


To: slipnsip who wrote (52438)4/14/1998 2:36:00 AM
From: Bill Hernandez  Read Replies (2) | Respond to of 58324
 
Internal Zips $72, Jaz disks $75 and single zip disks $9.50 and they are flying out the door fast at a computer show I attend regularly. If there was a market saturation for these things, you could've fooled me. The following link will show you where the next show will be:

robertaustin.com

What doesn't jive is that with the rapid sales of IOM products there has been a rapid selling of shares in this company. TC2000 charts show money flow and overall accumulation for the past three years at a trendline angle of ~45 degrees to the upside. Wow!! The more recent selloff I believe shows how really ignorant the unsophisticated public is. Much gnashing of teeth and body bouncing will occur in the future when the stock rebounds.

And oh BTW Seagate(SEG) and Western Digital(WDC) have been showing major accumulation. Storage techs may be better than we thought.