Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Ken Marcus who wrote (2655)	6/9/1996 12:05:00 PM
From: Joe Rizzo	of 58324

Ken, The Aptivia news is already in the stock. I'll bet you after the initial reaction, Iomega sells off on the announcement. Further, the press release said that capacity was 5mm zip drives "through internal manufacturing resources and its third pary manufacturing relations"; so, once again, either management is lying or the bulls are delusionary. Lastly, are channel checks showing sales at 2 1/2 times the rate of the March quarter, because with lower average selling price that is about the level needed to meet the $1.7 billion sales level for 1996. Joe Rizzo JMR Trading

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