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


To: rocky haag who wrote (54646)5/12/1998 7:48:00 PM
From: Rocky Reid  Read Replies (4) | Respond to of 58324
 
IOM Volume Pathetic

Today, only about $12.5 Million worth of IOM stock was traded. The volume and interest in this issue is pathetic. Just over 1.6 million shares traded today out of 262 Million outstanding shares. Before the split, over 6 million (split adjusted) shares traded daily, then 5. Now we are averaging 4.3 million, and coming dangerously close to sliding into the 3 Millions.

But, declining volume doesn't worry Iomaniacs.

Day after day ticks by as Sony HiFi approaches.

Castlewood, at any time now, can announce beta testing is completed and the 2.1 Gig Orb is shipping.

Day after day ticks by and still no OEM's for Vapor!. And this fact does not concern Iomanics.

My price of $4.80 for IOM stock could still happen in time for my June prediction, but more likely looks to be occurring in September as Sony rolls out HiFi. IOM could just languish here until then, if Iomega cannot produce results from hyping its Vapor! release date.



To: rocky haag who wrote (54646)5/13/1998 12:19:00 AM
From: Robert Neville  Read Replies (1) | Respond to of 58324
 
MP-3 player....
I found out about this a while ago from a college age friend, who was indeed exchanging tunes with his friends using Zip disks. He got me the MP-3 website, and in their news section they had a graphic of a prototype MP-3 player, which used flash memory, of all things....Another guy picked up my post on MF and sent a copy to Iomega, and I also called their investor relations dept and gave them the website URL. So unless they're dog stupid, which I doubt, they are aware of this one. The MP-3 player was the right size to be a clik! product, BTW.
Bob