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

To: s. bateh who wrote (8816)	4/7/1999 5:08:00 PM
From: Michael M	Read Replies (2) \| Respond to of 10072

I would like to add my predictions to others recently offered here. Re. Clik: Nearly all digital camera makers will soon offer a Clik-Built-In option. Clik-Built-In will be included standard with many high-end cameras. Clik will be widely acknowledged as the most useful and sexy widget this side of Pristina. Clik will capture approximately 85 percent of the 'digital film' market. Iomega will continue to forecast quarterly earnings in the (.02) - .02 range for the forseeable future due to production glitches and the rising cost of operating the company cafeteria. In the Q4 CC, acting IOM Head, Rocky Reid will explain to analysts and shareholders that there was no way the company could have forseen the sharp rise in lobster prices brought on by the DOW hitting 50,000. "It's a supply and demand thing," he said. Reid noted that Iomega's plan to shave 18 cents per share (quarterly) in cafeteria costs had been derailed by employee refusal to replace the tasty crustaceans with Mrs. Paul's Breaded Sea Thing Nuggets. I have tons of shares and will profit mightily from any blockbuster announcement this quarter. That said, I also have a few Apr 5 puts.

To: s. bateh who wrote (8816)	4/8/1999 11:05:00 AM
From: Rocky Reid	Respond to of 10072

IOM $4 7/8 My recent buy of IOM hasn't exactly set the world on fire, but I'm glad my JBOH (which I bought yesterday) is showing signs of life today (up about 30% right now) . It appears to be joining in the frenzy that AMTD and EGRP have been enjoying for some time now. I expect IOM to get a mild bump as Earnings Day daws near, although this bump may be a very weak one. My current plan is to perhaps hold out and gamble that Iomega announces one or two OEM deals for Flop! are finally shipping, and an MR Jaz replacement is being released. These announcements will likely draw in plenty of suckers (as these kinds of announcements always seem to do) and give the stock price a push, perhaps even into the low $7's. However, an earnings warning for 2nd Q 99 could temper any Sucker Rally. What to do, what to do. One thing's for sure, I'm dumping IOM before this month is out. This dog is headed much lower this Summer. IOM will revisit the slums of $2-$3 land.