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

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To: Steve Hepensteil who wrote (50238)3/16/1998 5:51:00 PM
From: KiddStock  Read Replies (4) of 58324
 
Mr. Hepensteil:

What are you smokin'? There is no way IOM stated "even" - they just announced and reported thru Reuters and MSNBC - a more credible source than you, I might add - 1st Qtr. loss of bet. $10 & $25 Million, short fall in sales in all regions and expensive marketing costs will cause negative cash flows. In addition, they are in litigations over Insiders boosting prices through hype and then selling 9/22 to 1/22/98 when it peaked at 16+. Delays cost them $20 million.

WHAT DO YOU MEAN THEY REPORTED TO YOU FLAT FOR THE QUARTER. SHAME! SHAME! SHAME!
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