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Non-Tech : Any info about Iomega (IOM)?
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To: Jon Tara who wrote (25463)6/17/1997 7:35:00 PM
From: D.J.Smyth   of 58324
 
Gateway sales for upcoming quarter expected flat to first quarter of 1.42bil in which it earned $.86. Higher operating costs will cause earnings to drop to around $.85, compared to analysts expectation of $.90. Geez, they certainly get excited about $.05 of earnings especially since they're expected to make over $4.35 for the entire year. What is $.05? I suppose a line from Shakespeare would do about now. Obviously, someone gets to buy Gateway at a lower prices.
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