Any info about Iomega (IOM)? Message Board

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

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To: Franco Forghieri who wrote ()	7/20/1996 4:15:00 AM
From: Steve Wiz	of 58324

Read this-Read this- Channel Check-Suburbs of Detroit-Talked to clerk at Best Buy about Jaz. He told me they got 15 units in and in one hour 6 were bought. Two days later i went back and their were none. I asked another clerk when they would get more JAZ in and he told me they had ordered alot but were not getting them. This makes things much clearer now. When the clerk said this to me i thought i went into the TWILIGHT ZONE. The first time i had ever seen the ZIP i wanted to buy one. The clerk told me at the time that they had ordered alot but were not getting them. HERE WE GO AGAIN. IOMG has to be experiencing constraint problems with the JAZ which hurt 2Q profits, has to be. The MALAYSIAN PURCHASE IS OUR TIP OFF. It has been said that smart CEO's always tip their hand to shareholders. During the Conference Call with analysts KE was asked if IOMG was experienceing any Manufacturing constraints and he avoided the question. Listen, KE thought by spilling the beans about JAZ manufacturing constraints that he would be conveying management missteps to analysts. At the end of last year and into this year KE said the same thing about ZIP drives and the Street took it real negatively bashing IOMG stock. But KE should not have done this. He underestimated the Streets reaction to 3Q earnings info. He didn't think that money managers had the same perception as the luny's on-line predicting .14 .15 a share. He should have made it clear as day that IOMG was in fact experiencing Manu. constraints on the JAZ and at this point in the product life cycle JAZ is actually doing better than the ZIP did. And look, didn't KE sound way way overly pessimistic about 3Q earnings? Do you think KE would sound this pessimistic with IOMG getting bashed around by shorts and financial media. With IOMG's stock getting pummeled and slaughtered in the markets. We all know that KE sucked a little profits out of 2Q earnings to pump into 3Q. Has everyone forgotten that LOW EXPECATIONS+EARNINGS SUPRISE =HIGHER STOCK PRICE. KE is setting the street up. JP and HQ i hear lowered earnings estimates, good. With the way KE sounded about 3Q earnings my first reaction was that IOMG would post something like .08 to .09 or even a loss. But KE can't be this dumb. And if he is GOD help us all. just another spin THE WIZ

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