Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: s. bateh who wrote (6841)	1/27/1999 4:51:00 PM
From: Cogito	Read Replies (1) \| Respond to of 10072

Sandy - I hope we did. My limit buy order hit at the intraday low. That's a first for me. But I don't expect any big advances until we get some positive news. - Allen

To: s. bateh who wrote (6841)	1/28/1999 3:10:00 AM
From: Bob B.	Respond to of 10072

I too think we hit bottom today. If the stock was worth $9 - $10 before the earnings announcement, it's worth at least that now. I do think that Glore's Q1 prediction means we'll stay between $8 and 10 over the next two months. I don't anticipate any big upward moves until we start to hear the Q1 whispers, which I believe will be very good, and the reality even better. I'm not surprised at the large volumes of drives and disks being sold by Ingram. I sure do appreciate your updates, esp. with numbers. If my Y2K scenario is right, we should see steadily high sales (by 98 standards) for the next two months, climbing gradually, then a real quantum leap beginning late March. Without disclosing anything you'd rather not, I am wondering whether current sales reflect a higher percentage of corporate and esp. government PO's versus orders from individual users. If this trend is happening or starts to happen, would also fit my Y2K scenario - IR staffs preparing for a rigorous Y2K backup plan by ensuring needed supplies are in place. The order in which I see Y2K sales developing is: 1. Government agencies with money - the rule is, if you need it, buy it now, because you may not still have the money later in the fiscal year - their PO's should dominate now through end of March 2. Large Corporate - they plan ahead but prefer not to spend until they have to - will start to show up in April, get heavier through August/September, and stay very heavy through December 3. Government agencies without money (most of them) - if it is important, and Y2K is, they'll use end-of-fiscal-year scrubdown money rather than taking a chance on not having enough in FY 2000 - look for a real tidal wave of PO's starting in mid-July and continuing heavily through August and early September. 4. Small Corporate - they manage their money better and get things done faster - will dominate in late September and stay high through December. 5. Individual Users and Small Companies without IR Staffs - this is where the real money will be made - the better planners and those smart enough to avoid being gouged will start placing their orders in August and September. By October the volume from this source will beyond tidal wave - tsunami-sized!! By November the panic will be in full swing, and will continue up until the last week in December. IMO, this scenario is what will get the .70 EPS for 1999 I've predicted, and the $35 IOM price on October 20. If Clik makes it into something that sells in reasonable volume, add another .10 to the EPS and $5 to the stock price.