Any info about Iomega (IOM)? Message Board

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

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To: eric larson who wrote (3137)	6/17/1996 7:57:00 PM
From:	of 58324

Eric, You wrote: "...Do you possess facts of any obstacles to Iomega adding more capacity for the 3rd and 4th quarters?" ___________________________________________________________________________ Jump back Jack, the conversation you intercepted is addressing "Q2 announcement day". I stand by my previous statements that IOMG hasn't added manufacturing capacity to meet Q2 demand, therefore, don't expect any upside surprise. Iomega warns of this in their annual report-straight from the horses mouth. I would like to hear your comments on the 5,750,000 share dilution at $35/share when everyone else had to pay $42/share. Many of those institutional investors took their cool 20% profit the same day the stock was issued to them. Iomegans got screwed by Iomega. Regards, Frank

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