Any info about Iomega (IOM)? Message Board

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

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To: Muizz M. Kheraj who wrote (9178)	10/17/1996 8:24:00 PM
From: Don Roberts	of 58324

>The earnings expectations was 7 cents. IOMEGA came in at 9 cents. The earnings expectations before today were 7 cents. They got revised today by a couple of big brokerage firms to 10 cents (at about 10 or 10:30 am). >How is this bad? This is bad because a stock doesn't go up if the earnings are higher, it goes up if the earnings are higher THAN EXPECTED. The expectations are now higher (at least for the big boys). >In addition, revenue growth was great. IOMEGA is at 815 Million >revenue after 3 quarters...they should easily hit 1.2Billion for the >Year. And, by the way, the stock is up, not down, in the aftermarket. I agree with you here Muizz, the revenue growth is great, and this is good for long term. The stock will definitely go higher next quarter, and next year. In my previous post, I was talking in the vey short term (intraday terms). Later, Don

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