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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: go4it who wrote (58141)12/24/1998 9:15:00 AM
From: James Strauss  Respond to of 58324
 
IOM...

Charles:

I like your hypothetical...

First let me say that I own IOM... So, I may be a little biased in my comments...

I agree that IOM is on the threshold of a major turnaround with many positive surprises ahead... This may be the last chance for quite a while to buy it below 10.00... Once it hits that magic double digit number, institutional buying and more upgrades should start pouring in... It's also not out of the question for IOM to spin off something with a .com in it...

Jim



To: go4it who wrote (58141)12/24/1998 9:32:00 AM
From: Cogito  Read Replies (2) | Respond to of 58324
 
>>BTW I saw a bid today for 100,000 shares. Is there anyone out there with a level II computer that can tell me whether that bid was filled around 3:30 EST?<<

Charles -

Level II is for NASDAQ only. Since IOM trades on the NYSE it wouldn't show that.

I do agree with you that the worst times appear to be over for Iomega. Moreover, as evidenced by amazing volume spikes that occur from time to time, there are plenty of people who keep an eye on the stock. When moves happen, they can be quite dramatic.

- Allen