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

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To: Brent D. Beal who wrote (45803)1/27/1998 11:23:00 AM
From: Dwight Griffin   of 58324
 
Brent: there are at least a couple of ways to look at 1st Q zip sales. Iomegas business is still a seasonal business, with the 4th quarter being the strongest. 1st Q 97 saw about 1.2 million zips sold. A 100% increase for 1st Q 98 would result in about 2.4 million zips.

As Michael points out in his projections - 4th Q 96 was also about 1.2 million in sales so there is also a case to be made that sales can remain at the strong 4th quarter levels for 1st quarter 97 and reach 3 million.

In my opinion, we will be having a very good quarter if we can reach 3 million and KE is announcing 15 million at the next conference call. I'm expecting a little less.

Dwight Griffin
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