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Non-Tech : Any info about Iomega (IOM)?
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To: Linda Pearson who wrote (7182)9/17/1996 2:12:00 PM
From: Bill Fischofer   of 58324
 
Another sign of a bottom.

Let's see, cut the estimates after the stock has fallen 50% from its levels when you made your previous estimate. Moreover, the stock doesn't seem to react much to this "bad news". Sort of makes one wonder if this sort of revision wasn't already amply priced into the stock.

This past quarter seems to have been one long exercise in expectation management. Meanwhile the sales and OEM agreements keep on rolling. Nice position to be in.
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