Any info about Iomega (IOM)? Message Board

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 : Any info about Iomega (IOM)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Reseller who wrote (45950)	1/28/1998 9:33:00 AM
From: Naggrachi	of 58324

I wonder if the following has anything to do with the press release regarding the new supplier. The following is from IMPX's earnings release: <<''IMP continues to make progress in its restructuring plan,'' said Phil Ferguson, president and chief executive officer. ''As we advised last quarter, the company experienced lower total revenue for the third quarter of fiscal 1998 than in the prior quarter, due to an anticipated decline of over $3 million in Iomega read-channel business. However, the Company was able to offset 50% of this decline with increased business from other customers. Excluding Iomega, revenues increased significantly for the third sequential quarter.'' >> Zead

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next