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

To: Dale Stempson who wrote (53140)	4/20/1998 4:08:00 PM
From: FuzzFace	Read Replies (1) \| Respond to of 58324

I wonder how Rocky is feeling today. IOM closing at 7 1/2 has to be "like deja vu all over again."

To: Dale Stempson who wrote (53140)	4/20/1998 4:27:00 PM
From: s. bateh	Respond to of 58324

Update: ingram has just reordered 6712 zip+ drives with the first to arrive in 2 days, as of this morning they only had a few hundred on order, the rest are due between now and may 1st. but keep in mind, that the reorders increase daily so this is not a static 6712!!

To: Dale Stempson who wrote (53140)	4/20/1998 5:56:00 PM
From: RetiredNow	Read Replies (2) \| Respond to of 58324

It is kind of discouraging. I think I might put a stop in at 7.75 just to cover myself. But we'll see. I think the euphoria can't continue forever. And when it ends, stocks like IOM will tank.

To: Dale Stempson who wrote (53140)	4/20/1998 7:20:00 PM
From: Ken Pomaranski	Read Replies (2) \| Respond to of 58324

How's it going over here? Hopefully well.. Dale, you said: << FWIW, I was convinced the earnings news would have brought the stock price significantly lower by now. The support we're seeing at this level has caused me to re-think where IOM might go from here.) >> ahh.. fooled by the market again. Yes, the market is not rational, therefore you cannot beat the market by using rational techniques! Why can't fund managers beat the market? Because they are the market, and they all 'play' using the same rules. (the same rules you are trying to use here... PE, P/S, etc..). The stock market is a perfect chaotic model: can't predict the short term but the long term stands out when you step back and look at it from afar. The fact is: Iomega will never make another dime. period. (IMO) maybe a penny or so ;).Therefore, the long term puts this stock at $2 or so. What will it do from now until then? who the heck knows? but you cannot fight the tape. People (especially Iomeganiacs) will flock back to this cheap stock on any sign of strength, even when there is very low volume. Mark my words: One year from today this stock will be trading at 2 1/2. But I won't do anything until this 'rally' plays out. My likely play is naked calls. The stock moves slow enough to make this a fairly safe play. But I bet we see 9 7/8 before 2 1/2! I'll wait until then, or until a new downtrend takes shape. Good luck! kp

To: Dale Stempson who wrote (53140)	4/21/1998 2:19:00 AM
From: Reseller	Read Replies (1) \| Respond to of 58324

Re:>> (FWIW, I was convinced the earnings news would have brought the stock price significantly lower by now. The support we're seeing at this level has caused me to re-think where IOM might go from here.)<< I was surprised to hear of the retail ATAPI drive on the shelf at some of the mass merchants. I don't know how long it takes to put a program together but it had to have been in place before K.E. gave his resignation. It appears that one of K.E.'s last acts was to do the pre-announcement, by that time the change over costs would have been assessed for booking. This change over was well planned and ready to roll out more planned than outward appearance led on. The Street Likes It. Regards Reseller