Any info about Iomega (IOM)? Message Board

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

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To: Tom Trawinski who wrote (7600)	9/25/1996 12:55:00 PM
From: Balanageswaran Angappa Chetty	of 58324

IMO. Considering the talents of the Iomega management longterm plans and strategies and also shortterm tactics,just to highlight * timing the announcement of good news(new plant,OEM tieup,boot,etc) * mail in rebates * reducing the production cost by setting up plant in fareast(Malaysia) * keeping a reserve of $4Million for this quarter's mail-in-rebate (if they didn't allocate, they could have beat the estimates with a big margin. Why didn't they do it?????) Considering all these and other credits, I feel that this quarter's estimates will just be met (.07). They will not beat it by a big number. It is not necessary for them to show much more than the estimate. I feel to be successful enough!, we have to wait for atleast 2 more quarters Good luck all. bala

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