Any info about Iomega (IOM)? Message Board

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

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To: None who wrote (4560)	7/19/1996 10:13:00 AM
From: Cameron Dorey	of 58324

To all: I think that at least part of the (initial) gut reaction disappointment over earnings, certainly in my case, was due to a miscalculation - forgetting about the 2-1 split, as "None" pointed out yesterday (#4560, Thank you "None".) For a couple of months there have been sporadic posts stating that the analysts' 0.11/sh was a decline from 1Q 0.16/sh and they couldn't see how IOMG could do so terribly. Well, that was in the back of my mind and I didn't even think about the split. So, we're talking about 0.22/sh based on pre-split (the same basis as 1Q earnings), and it seems real good. I am sure that there are folks out there who haven't realized that they made the same mistake I did at first, will be disappointed and sell this "dog" of a company, and will realize just what they did just about the time their broker (or online service) gives them their sell confirmation. That's why my last quote so far this AM (from NASDAQ.com) lists 24-3/4. Obviously those of us here are not that panicky and realize the value of this company. BTW, when I heard the earnings announcement, I was not tempted to sell, just to go get a beer and cool off (it was 93 deg. here).

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