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Non-Tech : Any info about Iomega (IOM)?
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To: Gottfried who wrote (52783)4/16/1998 9:14:00 PM
From: Herb Fuller  Read Replies (2) of 58324
 
Gottfried , Re:>> Conference Call <<

Iomega's SG&A was way out of line being 27% of sales . They are aggressively going after these expenses and I believe that they will .

If you plug in a figure of 18% SG&A instead of 27% you will come up with a .06 profit instead of (.07) loss .

I think the company will continue to grow and prosper this year and years to come .

This is the way that I am looking at tonights report but we will have to see what the market thinks in the morning .

Herb
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