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

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To: Mary Cluney who wrote (4031)7/3/1996 6:46:00 PM
From: Janice Shell   of 58324
 
Mary--I agree with you that IOMG is putting it all on Red. If they fail in the attempt the results won't be pretty. But while hedging my bets, I'm still inclined to believe that KE has no intention of making fools of his underwriters and their earnings estimates. Remember, revenues from most of this year's OEM deals will begin to be felt in Q3. My guess is that the management factored in Zip and Jaz price reductions some time ago. And we're still waiting to see what news they'll have about new manufacturing agreements. This to my mind is crucial: if they can really flood the market with their products--and can convince potential OEMs that their products are the best choice, whether they are or not--they'll have it made. BUT they must succeed in pulling this off within the next six months to a year, and that means having the capability to increase production as necessary. We'll see. Janice
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