Any info about Iomega (IOM)? Message Board

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

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To: Stan Walker who wrote (6830)	9/2/1996 9:27:00 AM
From: Mama Bear	of 58324

I have learned my lesson regarding estimates. I defer to the professionals, who have a consensus estimate of .11 for 3q earnings. I'm not certain of the consensus revenue estimate. I was addressing your statement that IO could announce a net loss this q, however, I find that highly unlikely. I'm basing this on Mr. Edwards being asked directly during the conference call if the rebate would cause the company to lose money on the drives. His answer, one word, was "no". Since this was a pre-announced strategy, and since as far as I can tell the plan is being executed as intended, I think that I am going to hold on here. Will we have to go through this nonsense when the company cuts the price to $99? I expect so, but only time will tell. Barb The IomegaManiac

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