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


To: Herb Fuller who wrote (52512)4/14/1998 10:34:00 PM
From: s. bateh  Read Replies (1) | Respond to of 58324
 
Update: ingram has 20,000 zip 10pks. in stock with 9000 more on the way....they went through 4800 10pks. today alone!!!! I think the ties are up or are going up....i think the numbers will not be as bad as we thought and if they are then i think next qt. will be really good.....just my opinion....by the way they have lots of inventroy going in and out across the board.....



To: Herb Fuller who wrote (52512)4/14/1998 10:43:00 PM
From: TD  Respond to of 58324
 
Price target? Really do not know but have been around awhile, based on technical analysis and fundamentals took position at 8 1/2 three days later watched it gap down to 7 or so.

My point sooner or later IOM will fill that gap on the upside, probably will be some selling as people get out even, as for me this stock has the potential to become the new standard for storage, and with click the future is bright IMO.

Should be interesting to read the comments on this thread after the report on the 16th, replay of conference call is 800-446-4927
Sorry if this has already been posted!

BTW, was able to sell covered calls at ten strike and get the premimum one month out, thus proving there are some very bullish options buyers.