Any info about Iomega (IOM)? Message Board

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

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To: Alan Rosen who wrote (50672)	3/18/1998 5:52:00 PM
From: Rocky Reid	Read Replies (3) of 58324

>>IOM misses estimates by .02 and gets slammed, announces a flat quarter coming and loses another 17%.<< IOM did not pre-announce a "flat" Q. They announced a loss of anywhere from $10-$25 Million for 1st Q 1998. The "flat" part comes from the fact that they predict revenues will be flat compared to last year (1stQ 1997). This is bad. Very bad. This indicates a reversal from growth to decline.

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