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

To: Ben Antanaitis who wrote (9056)	4/14/1999 12:57:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 10072

IOM $5 1/8 ... Tempting Short...Just sold IOM long position at exactly breakeven. With IOM currently above $5, it makes a tempting Short candidate right now. Earnings are due tomorrow, and CEO Jodie will more than likely issue an Earnings Warning concerning 2nd Quarter 99 results. This will send IOM tumbling to perhaps below $4. It's so tempting to pull the trigger right now, but maybe I can get an even higher Short price later in the day...More Suckers could take the bait and Buy IOM... ps. I am disappointed in my breakeven IOM sale today, but very happy indeed about my 150% JBOH Profit (in just 5 days).

To: Ben Antanaitis who wrote (9056)	4/14/1999 1:26:00 PM
From: Mel Boreham	Read Replies (1) \| Respond to of 10072

Ben, I think that nothing is chipped into stone in this industry and Sony is in trouble right now and I imagine they are looking at ways to make money without investing more R & D money on a problem product. Sony and Iomega are potential competitors, not enemies, so an alliance with both companies would not be out of the question when it would be a Win-Win outcome and Sony would not have to spend additional funds on trying to get the HiFud drive to work. There was even speculation over on the Motley Fool thread this morning about the possible use of Zip drives in a new Mavica camera... so lets see what we hear in the CC tomorrow. MP3 music is going to be a big future development too. Mel

To: Ben Antanaitis who wrote (9056)	4/14/1999 3:11:00 PM
From: Barney Dunn	Read Replies (1) \| Respond to of 10072

one thing that has been puzzleing me about this retail zips makin money and oem zips don't think about it- the cost of distributing 10,000 zips to comp usa stores is alot more cost intensive (packaging shipment, warehouse inventory) then the same 10,0000 to dell- IOM has said that they are selling some OEM for a lost - they never said this is permanent and i bet that they have model to sell at a profit. once iomega fully shifts to OEM model (hello this what they have been doing for the last 6 months)