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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: Linda Pearson who wrote (2108)10/9/1998 12:17:00 PM
From: Gottfried  Respond to of 10072
 
Linda/all, block trades...

Friday October 9, 9:41 am Eastern Time
BLOCK TRADE - Iomega 200,000 at 3-1/8
up 1/16, crossed by Salomon Smith Barney
biz.yahoo.com

Friday October 9, 11:18 am Eastern Time
BLOCK TRADE - Iomega 555,000
at 3, down 1/16, crossed by Salomon Smith Barney
biz.yahoo.com

GM



To: Linda Pearson who wrote (2108)10/9/1998 1:11:00 PM
From: Tom Carroll  Read Replies (3) | Respond to of 10072
 
Logic

Linda,

>Via your compilation of Rocky's comments, you just made Iomega
>sound like the black plague, scourge of our existence. OUCH!

No, I didn't. I revealed how suspect we should be of such
arguments when compiled into a comprehensive analysis of
the IOM situation. If you _really_ believe such a Catastrophist
perspective on the stock, then why in the world haven't you bailed,
because it's certain that IOM is going to fold without
ever recovering any of your sunk money?

Then again, if there's a huge earthquake in Utah later
today, maybe even I will start believing all the rantings.
(NOT!) <grin>

To all, I have a modest proposal. Frankly, I think I'm
beginning to see a couple of bright flickers in the news,
such as the Dell laptop Zip and the imminent arrival of
the Clik!/flashcard device. Nonetheless, why don't those
of us who want to restore the discussion here to something
other than ranting work together to replace the Catastrophist
bear rantings with a more measured bear perspective of our
own? It would take the initiative away from the FUDdie-duds.
As I posted long, long ago, for example, I do have some
concern about Sony and the HiFD. True enough, they're 'way
late with it and may never get it to market at all, and
even if they do, it may be overpriced or buggy or just
too little too late. What happens, though, if they do
roll out something that's pretty good but not necessarily
fatal to the Zip? What should IOM do? What will happen to
the stock during the period of stiffest competition and
uncertainty? And so on. Please, no gloom and doom. If
in fact IOM crashes and burns, then those of us with
IOM holdings will lose our money. There's no use
discussing that scenario further. It is indeed a
possibility, and if you can't live with that, then
you shouldn't be here. At the other end of the spectrum,
if Zip fully replaces the floppy and Clik! becomes the
universal digital film, then bateh will be posting
thousands of exclamation points after the words
"TONS" and "HUGE" and we can all meet for one
grand party in Tahiti. There's no use discussing
that scenario further either. The difficult issue
is scoping out the _middle-level_ scenarios. Therein
lies the most likely outcome of the situation, does
it not?

In the absence of hard facts (of which we have few
these days), then let's focus our speculation on
such issues rather than on fruitless exchanges
about Catastrophist scenarios, shall we, and let's
start by all playing the bear role for awhile.

Cheers, Tom (long IOM)