Any info about Iomega (IOM)? Message Board

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

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To: Mike Darling who wrote (9447)	10/19/1996 9:08:00 PM
From: bull	of 58324

Oh, and one more thing-Mike You have to read "between the lines." The CEO is a great salesman (like Clinton). Edwards said, "Challenging Q coming up" Everyone on this board quoted him for the last three months. "Rebates were closer to 50% than 100% (74.99%?) Now I'm going to keep reminding people that the number is not 50%-but more like 74.99%. You better not get caught by what you "thing you heard-50%. He said, "Closer to 50% than 100%. Besides, 4Q will take the "hit" simply because people must first purchase before they can mail-then they wait for 6-8 weeks, or more. This is what I call great salesmenship and "creative bookkeping." There is so much expectation for 4Q that if IOMG doesn't deliver a $500 millionQ-everyone's going to be disappointed and crash the stock. Naive people like you (nothing personal) don't see it-but the pros (25 mil short shares-Sept) are going to sit and wait. If you want to get in now, be prepared to make or lose 50% of your stake. It's risky-but the odds are still better than Vegas. Good Luck-

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