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To: Tim Luke who wrote (3551)6/9/1998 12:14:00 PM
From: Bruin_Prez  Read Replies (1) | Respond to of 8798
 
with the IOM news and the CEO coming on CNBC why hasn't the stock responded at all, instead it has acutally loss ground?



To: Tim Luke who wrote (3551)6/9/1998 12:45:00 PM
From: Rande Is  Read Replies (2) | Respond to of 8798
 
IOMEGA/COMPAQ DEAL [not SYQT, sorry]: "Zip Built-In will be included in the new Presario 5030, 5032, 5035, 5140, 5610, 5630 and 5635 models, available in the U.S. this month. Zip Built-In will also be offered as an option for additional Presario models and other Compaq PCs through a new Compaq "Built for You" program announced today. The custom configured PCs will be available through major retailers."

[pasted from today's news release]
biz.yahoo.com

The ZIP seems to be replacing the floppy disk. Compaq is setting the stage for ZIP to be the standard for PC data storage. CLIK may be the standard for small computer storage. And IOM once again has a very bright future.

Price is down right now. I suspect some steady accumulation by fund managers to follow this news [It takes them some time to make their buy decisions...not like we internet investors who buy first and ask questions later.]

I think we will consolidate today and start back up tomorrow. Long on IOM.

Rande Is