Any info about Iomega (IOM)? Message Board

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

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To: Jay Rommel who wrote (4026)	7/3/1996 1:52:00 PM
From: Mary Cluney	of 58324

Jay, Iomega announced this morning $100 reduction in Jaz prices. Externals to sell for $499 and internals to sell for $399. Looks like supply problems are over. It is now all about production, sales and setting de facto standards (that is the way they are spending funds from secondary). Competition from Syqeust, LS120, and WDC Nordic will be run over. IMNVHO 2Q96 sales will exceed 500% over 2Q95. EPS will go from -.01 to over +.10. What percentage is that? Yet stock price went down on this announcement (concerning Jaz). Again, IMNVHO Wall Street still doesn't get it, but they will come July 18th. BTW, Jay, I'm sorry if I misinterpreted your post. I'm just trying to protect IOMG shareholder interest against any kind of Hype (Bull or Bear). If you are making strong recommendation of Iomega product to your company than maybe you should recommend to yourself Iomega, the stock. Best Wishes, Mary

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