Any info about Iomega (IOM)? Message Board

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

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To: Joseph who wrote (49414)	3/5/1998 3:47:00 PM
From: Michael Coley	Read Replies (2) of 58324

RE: IOM Earnings Warning? Nope, not a chance. Didn't we learn anything from last quarter? Iomega doesn't preannounce when they're going to miss. Don't forget the first $15 million in the new advertising campaign and the lower margins due to Jaz price cuts. (Also, I disagree with those who are expecting Jaz2 to be a contributor this quarter. It's just not out there in volume yet.) I like the fact that you (and me, and many others) are expecting the worst this quarter. As long as the expectations are low, the worst is already factored in to the stock price. - Michael Coley - wwol.com

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