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

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To: Robert Skinner who wrote (6865)9/4/1996 4:29:00 PM
From: Robert Skinner   of 58324
 
Today I put in a buy all or none order for 400 IOMG @ 14 3/4. The trade never got excuted. Dam it's hard to buy this stock cheep. Maybe tomorrow ill go a little above the asking.

Why you ask, 3Q revneue. Hay IO will get money from there new pay for service call help lines. The new 2GB ditto going to store shelves. Sales to the installed base for ZIP and JAZ. Plus new sales of drivers, and don't forget all those OEM's. Rember Q3 95 IO only made $.02 a share. It's a no brainer they will beat that this Q. Thus there PE will go down. Will IO beat current EST. Daa don't really matter much to me. You see what I want is IO to get the drives out. Get market share!!! Become a standard.

Oh ya one last thing several quarters ago K.E. said, this was before the success of ZIP. To quote K.E. CEO Iomega... " I don't know why people are buying the stock were not event making a profit yet" I think he said that at the annual stock holders meeting in 95. I think we are reading to much into the "challenge". I rember some post before the last stock holders meeting. People were saying I sure hope he don't drop another bomb. I will give K.E. credit he sure don't hype this stock. Watch Q3 shorty. Hope you are covered by then.

Bob
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