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


To: David S. who wrote (7957)3/5/1999 1:56:00 AM
From: HardMoney  Read Replies (1) | Respond to of 10072
 
More 250MB disks coming in ......maybe the shortage is ending.

cdw.com



To: David S. who wrote (7957)3/5/1999 7:13:00 AM
From: Rocky Reid  Read Replies (2) | Respond to of 10072
 
IOM Daily Volume Dropping...Again

Just look at IOM's average daily volume. A month ago, it was over 6 Million/day. Now, it is about to fall below 4 Million. Last year, I closely tracked IOM's volume declines and posted very regularly about it. I mentioned that along with the declining volume was declining interest in this garbage, and with that comes lower stock prices.

True to form, the Iomega Bulls here derided these observations and spewed their usual personal (and off-topic) insults towards me. However, they were soon faced with a $2 15/16 stock that many had ridden down from $15 within that last year --an over 80% LOSS.

Now, we are once again faced with rapidly declining daily volume for IOM. Iomega Bulls decided to ignore the fundamentals last year.

They are doing it again.



To: David S. who wrote (7957)3/5/1999 8:53:00 AM
From: Cogito  Read Replies (1) | Respond to of 10072
 
>>All I have got to say is that this seems to be bear-bull-shit day. IOM is doing about the same as all the Tech stocks lately, particularly the smaller companies, inventor interest has dried up and the prices are drifting down, vacillating, going nowhere.<<

David -

In my opinion, Iomega has done a lot to shake the confidence of investors, to put it mildly, and little to inspire them. For that reason, the stock is not strong during bad times. If management can put together a few consecutive quarters of growth, and continue to manage costs and improve processes, investor confidence will result. Then we won't have to defend Iomega, because it's stock price will.

- Allen