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

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To: Spank who wrote (40419)12/18/1997 9:11:00 AM
From: Zebedee Wright, Jr.  Read Replies (2) of 58324
 
Spank

Just a little "Speculation"

11 mil!!! & counting no more. Sounds good to me. Let's see, approximately 3 mil. Zips this qtr. Tie ratio of 5 at $4 disc profit. Approx. 137 mil. shares = $.4379 earnings.

Am I close? Remember, the costs of probably a million of those Zips, TV comms., COMDEX, etc., were accounted for last qtr.

Are we looking at a "Blowout", with a breakout soon to follow?

If I were a "Shortie" on this one, I might consider cutting my losses, backing up the truck, doubleing down and enjoying the "Long Ride"

Long on IOM

Zebedee

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