Any info about Iomega (IOM)? Message Board

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

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To: TLane who wrote (32244)	10/16/1997 11:32:00 AM
From: Triluminary	of 58324

TLane, More likely this is due to Intel's 3Q report... intel.com Earnings per share in the third quarter rose to $0.88 from $0.74 in the third quarter of 1996, an increase of 19 percent. Earnings per share in the third quarter were down 4 percent from $0.92 in the second quarter of 1997, primarily the result of a much weaker than expected Flash memory market segment. ------SNIP -- Flash memory units shipped during the quarter were down from the second quarter. ------SNIP -- Gross margin percentage declined in the third quarter from the second quarter of 1997, primarily the result of a much weaker than expected Flash memory market segment and the increased volume of purchased components used on the S.E.C. cartridge as the Pentium II processor ramped. Regards, mark_b

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