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

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To: Stacy J. Matter who wrote (52709)4/16/1998 4:45:00 PM
From: RetiredNow   of 58324
 
It's over folks. IOM consensus estimates were -$.03 and they came in
at -$.07. Not only that but REVENUES WERE WAY DOWN FROM LAST
QUARTER, INVENTORY INCREASED $70 MM, AND THEY SUSTAINED A NET CASH
OUTFLOW OF $145 MM
. Those are serious warning signs. Longs, you
need to bail now in order to get something back.

(in millions) 09/96 12/96 03/97 06/97 09/97 12/97 03/98
Revenue 310.1 397.1 361.3 400.2 431.7 546.8 408.0
Net Income 12.8 20.4 23.0 26.2 30.0 36.1 (18.6)
Net PM 4.1% 5.1% 6.4% 6.5% 7.0% 6.6% (4.5%)
Share O/S 274.1 273.4 271.4 272.9 274.1 283.5 265.7
EPS .04 .07 .08 .10 .11 .13 (.07)

I feel sorry for the longs on this board. You have been too faithful.
Good luck in your future investing, folks! I'm closing out my short
tomorrow.
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