Any info about Iomega (IOM)? Message Board

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

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To: Joshua Easow who wrote (4543)	7/18/1996 4:22:00 PM
From: Michael Boyd	of 58324

TO ALL: From Daily Brief 14:50 ET ****** IOMEGA CORP. (IOMG) 27 3/4 +1 5/8. Stock continues to improve today as investors prepare for company to release its 2nd qtr earnings after the close today. Current consensus for this maker of removable disk-storage devices calls for a net of $0.10 per share versus a loss of $0.02 per share in the year-ago period. Last quarter, company surprised investors and bears when it easily beat earnings estimates by five cents, netting $0.16 per share. Investors hope that company can once again outperform as issue has been a favorite of short-sellers during its spectacular rise and who have also seen stock climb down from a high of $55 1/8 back on May 22. Issue will certainly be focus of much on-line barbs later today, regardless of earnings outcome.

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