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

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To: Linda Pearson who wrote (7182)9/17/1996 2:29:00 PM
From: Ken Bobey   of 58324
 
J.P. Morgan lowered 3Q earnings to 0.07 and revenue
to $257M citing weaker sales!!!

Forget about 30% growth rates - IO will have trouble simply
maintaining revenue with the rebates and anticipated price cuts.

If FOMC raises rates 1/2% as was recommeneded this morning then
there will be a big retracement. Single digits for IOMG once
again look like a possibility.
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