Any info about Iomega (IOM)? Message Board

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

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To: Ken Pomaranski who wrote (6910)	9/5/1996 6:36:00 PM
From: J P Cross	of 58324

Thanks KP, Vacation was nice and relaxing. No phones or computers for ten days. Detoxified from the internet and enjoyed the cabin, stream fishing and hikes in the piney woods. Need to do that more often. IOMG float is around 84mm. With shorts around 22mm, thats a 26% short position. Insiders must own about 36% of IOMG. The short position surprises me too. Do not know when I will begin accumulating shares but most likely before Q3 earnings report. Am watching developments on the JAZ drive failures despite the fact that some feel it is a non-issue. Everything I read tells me it is not solved yet. I suspect that the drive is delicate and must be manufactured and assembled with precision as with most high performance products. Oh well, it should be interesting to see things develop. I do think that Q3 revenue will come in above 300 mm. If it does then Q4 will be even better. Regards, JP Cross

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