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Non-Tech : Any info about Iomega (IOM)?
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To: stock bull who wrote (52087)4/7/1998 2:48:00 PM
From: Michael M  Read Replies (1) of 58324
 
Stock Bull.....agree that Sony poses a threat in any market they choose to enter. Two points to remember though.....WILL they choose to actually make an entrance (only if the potential mkt is HUGE, IMO). Also, Sony, like everyone else, is capable of laying an egg with a product. By the way, how many reports have you read about working models of HiFD in the hands of ANYONE?

Re. cash flow: no question; a highly desirable circumstance. But, hey, IOM missed by a penny or two last Q (a damn good Q by any other measure). They have forecast a sizable loss this Q....they have not forecast losses from here to kingdom come. I hope they max the loss this Q and get on with business. I think business is actually better than many suspect. If they write off "everything" this Q (as INTC did after they fessed up to the pentium glitch a few years back) things can get very healthy in a big hurry. There are variables, of course.
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