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

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To: David Ronemus who wrote (8947)10/17/1996 10:04:00 AM
From: John P. Henrie   of 58324
 
David,

Thanks for the post regarding CHI-X. I am also a member of AOL and can verify everything you have said. It is amazing to see what some people will do to make a buck. My integrity is worth a little more. People have offered there own earnings estimates at AOL; however, this has not been done as actively as in the past. In fact, my impression is that whisper nuymbers are being discouraged. I think CHI-X, DC, and others like them are beginning to realize that 3QTR expectations may not be as high as they hoped. If that is the case and earnings come in around analyst revised estimates, then the stock price will most likely remain fairly stable -- bad news for a short when considering the looming large fourth quarter and future prospects. My guess they could be in for a surprise. Deservedly so I might add.

Later,

JPH
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