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


To: s. bateh who wrote (8210)3/12/1999 3:06:00 PM
From: Cogito  Read Replies (1) | Respond to of 10072
 
All -

Historically, the market has reacted negatively to news of price cuts by Iomega. To me this is the best news in some time. I feel a lot better about holding now, and will seriously consider adding to my position on any drop into the fours. May happen very soon, if today's action is any indication.

The small recall of power supplies is not so bad, but of course it isn't a positive.

Anyway, the volume increase of the past few days shows that there are still plenty of people watching Iomega with great interest. Not to mention the increase in the volume of bears around here.

- Allen

PS: I'm in southern California again on business. Checked at Fry's Electronics in El Segundo and found plenty of Zip 250 media on hand. Single disks only, though. The removables aisle is about 85% Iomega product. A few Superdisks, about 10 SparQs, and even four or five Shark drives left on the shelves.

- Allen