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

To: Seeker who wrote (3370)	11/5/1998 8:39:00 PM
From: Silicon Trader	Respond to of 10072

T/A is out the window on this one ! Its anybody's guess ! however " The trend is your friend and without the trend you have no friends" I am expecting to make friends with an upperward trend <g> !!!

To: Seeker who wrote (3370)	11/6/1998 1:32:00 AM
From: maaad	Respond to of 10072

Seeker: As I see it there is no reason for a pullback at the open. The trend for the past three sessions is an open at or above the previous close with a gap up an hour or so into trading. There maybe a significant pullback at the close due to traders wanting to lock in profits, but it could go the opposite way for fear of losing significant gains on monday. I have not seen any serious discussion about the value of Iomega stock if ZIP becomes the new standard in removable storage. Iomega is also exploring non-pc information storage products. At some point all information could be stored on the same type of media. Becoming the standard is what made this stock run the first time, now that their main competitor has been eliminated and they have obtained an insurmountable lead in drive base and name recognition; I think it is just to costly for anyone to try and enter this market to dethrone Iomega as the leader. IMHO Iomega's stock will continue to rise on the company's own merits. However, it could catapult in the near future if major corporations realize that a joint venture with/ or acquisition of Iomega will produce windfall profits that are attainable by becoming the standard in information storage for not only computers but possibly countless devices. Good luck to all;) maaad