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


To: Philip J. Davis who wrote (3095)11/4/1998 7:19:00 AM
From: Ben Antanaitis  Read Replies (3) | Respond to of 10072
 
All,

Well, Herbie's silence couldn't last long... and it didn't. In this morning's theStreet.com, he is mouthing the words given him by his professional-short-seller-puppet-masters. They are touting the ultimate demise of IOM based on all the Syquest product that will be dumped on the market, at fire sale prices, between now and Christmas.

I would expect another round of sharp, spiky short selling to try to beat down any stock price momentum being built up.

But I also think Wall St. will adopt a 'show me the money' attitude about the removable storage niche and conclude that 'IOM has the products, name recognition, a new revitalized management and importantly an established penetration franchise'. BWDIK ;-))

Ben A.



To: Philip J. Davis who wrote (3095)11/4/1998 9:41:00 AM
From: Jock Hutchinson  Read Replies (1) | Respond to of 10072
 
Philip: What do respected journalist Michael Brush (aka Vanni Resta) and respected Iomega short Howdy Doody have in common--besides each other? Answer: Both were heavily touting a stock in the past year that went bankrupt. Howdy's beloved SQYT and Vanni's beloved FPAM both went into the toilet. Now that's quite the touch.



To: Philip J. Davis who wrote (3095)11/4/1998 10:14:00 AM
From: Gottfried  Read Replies (1) | Respond to of 10072
 
Philip, LOL! This makes a good day even better. G. [end]