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

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To: Cameron Dorey who wrote (4665)7/19/1996 10:37:00 AM
From: Q.   of 58324
 
Conf call can be heard on tape at this number:

07/18/96 (Thursday)
IOMEGA CORP. (NASDAQ: IOMG)
1-800-633-8284 (code: 1837381) -- replay (c. 6:30 pm EDT)

I highly recommend it.

Thanks to David Jung for the no.

KE is much less enthusiastic than I remember him 3 mos. ago. He expressed that the upcoming Q will be "challenging". That is CEO speak for not so good. It appears that GM, never all that great, will suffer next Q. He won't claim Jaz is in the black yet. He admits GM for Zip will take a hit. And all this is on top of a GM that is only 26% right now. THere is some question as to whether there will be sequential growth in the next quarter.

.... Last night I owned IO

.... This morning I do not.

..... After hearing this conf call.

......This conf call just did not sound like a pe 50 company should sound.
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