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Non-Tech : Iomega Thread without Iomega
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To: Mel Boreham who wrote (587)7/16/1998 7:42:00 PM
From: Jock Hutchinson  Read Replies (1) of 10072
 
Mel: While I certainly wasn't pleased with the decline in Jazz sales, I was impressed with the relatively good news on cash flow. If margins hold steady, then IOM has serious potential to hit the double digits by the end of the year. Clearly it is not headed into bankruptcy or any of the other more dire predictions seen on this thread. Your take on Clik is accurate. Indeed, if Clik achieves the measure of success, than IOM will have been a superior speculation at these prices. With enhanced customer satisfaction, this seems to be a real possibility. As a former bear on this stock, I saw less "meat on the bone" to chew on from a bear perspective. And it does not come as a surprise to me, that certain notable bears haven't really gleaned anything new from the call to justify their extreme negativity.
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