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Non-Tech : Iomega Thread without Iomega
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To: Reseller who wrote (202)6/29/1998 9:47:00 AM
From: Rocky Reid  Read Replies (1) of 10072
 
Has anyone paused to consider that Iomega is shelling out more than $20 Million to buy a stake in Nomai? This is undoubtedly "the one time charge" that was pre-announced along with the losses a couple of weeks ago. This charge could also push Iomega's losses to over (-0.20›)/share this Quarter alone.
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