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

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To: s. bateh who wrote (55965)6/11/1998 10:21:00 AM
From: Dwight Griffin  Read Replies (1) of 58324
 
<<Update: this from bloomberg syqt news!!

Harper acknowledged that the Compaq agreement, as well as
any others that may come, won't be enough to generate a profit
for the fiscal year ending Sept. 30. ''We are anticipating losses
for the next couple of quarters,'' he said

Toooo little tooo late! >>

Are you expecting then that the Compaq agreement will generate a profit for IOM over the next couple quarters? I haven't seen any upgrades of earnings forecasts, so I for one am not.

It would be hard to argue that the Compaq announcement was not positive news for both companies.
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