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Non-Tech : Any info about Iomega (IOM)?
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To: Winner Victorious who wrote (7400)10/7/1996 2:24:00 PM
From: Positively Spirited   of 58324
 
Hi Winner, I have a hypothetical situation that I was wondering if you and others would comment on. I am curious how you think the market would react to:

1) less than expected Q3 earnings (.07/share),
2) meeting Q3 earnings,
3) slightly exceeding Q3 earnings?

Also, let's just say that Iomega doesn't just have inventory, let's say they have a HUGE inventory - like around 1M drives. And let's just say that the European market is actually very slow. Let's just say that Q3 earning could really be awful.

Do you think that because the experts have lowered their expectations, that even if Iomega does not perform to updated earnings the stock will remain stable at 22 or could it drop again?

Don't get me wrong, I believe in the company and the product all the way, I'm just trying to get a handle on what might happen if Q3 is not very good.

Do you think it will hit 15 again?

Thanks for your expert input.
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