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

To: Ben Antanaitis who wrote (3421)	11/6/1998 9:32:00 AM
From: Hope	Read Replies (1) \| Respond to of 10072

That article was all over SI on Wed. Maybe that is why we hit a wall at 9. Could be the shorters have already made their moves and we will break through 9 today.

To: Ben Antanaitis who wrote (3421)	11/6/1998 9:43:00 AM
From: esterina	Read Replies (1) \| Respond to of 10072

Any takeover rumors ? Can't be Syquest anymore. Very Strong this morning.

To: Ben Antanaitis who wrote (3421)	11/6/1998 9:53:00 AM
From: Jock Hutchinson	Respond to of 10072

Ben: I wouldn't worry about this Tokyo Mex. His "following" consists of 300 subscribers who play penny stocks. My neighbor from the building where I used to live is a trader for the "Sheik", who really is a big-time powerhouse trader working out of Chicago. My ex-neighbor says that IOM is in play for a variety of reasons, most of which pertain to the fundamental strengths of the company. These are: There is going to be a huge number of Y2K upgrades and Zip is now preferred over the floppy; Pricing pressure will subside for the time being because of SYQT demise and IOM's hegonomy in its field;IOM does have a cult following, which means that there is a slight premium to be accorded to the stock; The growth of storage is where its at, and IOM has one strong position in that niche; IOM's expected profits for '99 make for a very reasonable stock price at 9; With the potential addition of two new product lines, IOM has the chance to become the dominant player in broad based personal storage; and finally IOM was extremely cheap because of its price, which prohibited margin purchases and institutional purchases--factors which for the most part are out of the picture since a number of institutions bent the rules by getting in early. On the "play" side, he cites the "usual short covering that occurs when a stock triples in the matter of a month". Thus I rather suspect that Tokyo Mex will suffer a case of Monteyzuma's revenge. PS. Honest Ben; This is my last post 'til March 1