Any info about Iomega (IOM)? Message Board

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

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To: John Lacelle who wrote (56889)	6/29/1998 10:49:00 AM
From: Rocky Reid	Read Replies (3) of 58324

>>I noticed that the earnings estimates for IOM changed in the latest consensus. Way down, and losses into the next year.<< They are probably figuring in factors such as Sony HiFi's release, which I have been doing. I have repeatedly said that Iomega will realize a 50% drop in retail Zip sales within 3 months of Sony HiFi release. Since the retail Zip line is the only profitable business Iomega is in, this will be devastating.

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