Any info about Iomega (IOM)? Message Board

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

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To: Stan Walker who wrote (7212)	9/17/1996 8:40:00 PM
From: Ken Pomaranski	of 58324

All this rationalization about the earnings/revenue downgrade cracks me up. It is never good for a stock (in the short term) to have it's earnings estimates lowered. It causes fear amongst stock holders, scares new buyers away, and causes funds to stay away until the dust clears. Fund managers like buying stocks who's outlook keeps brightening, not the reverse. The new revenue number estimate (253 million) really scares me. I figured that by now that Jazz would be contibuting alot more than this to revenues. This revenue figure is on par with Q1 (Jazz-less quarter.), and much less than Q2. I remember seeing some wildly bullish estimates of 400million+ for Q3! (go back and check posts a few months ago.. You'll see). I could care less about actual earnings... but revenues.. Just some thoughts, kp

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