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Non-Tech : Iomega Thread without Iomega

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To: Naggrachi who wrote (6417)1/21/1999 10:05:00 PM
From: Alan Rosen  Read Replies (1) of 10072
 
Zead,

It may get a little bumpy, but this is not a disaster or even close IMO. I don't think that there were any real negative surprises for any that follow the stock and many positives.

Decent volume from "old" product line...new products for '99
Strong disk sales
Costs under control
Good cash flow
4th qtr. profit...as predicted by management
Better inventory control
Better margins
Nomai and Syquest acquisitions

This is a much stronger company than that of a year ago, in my opinion if there is a reversal in share value it will be relatively short-lived, this stock will be in the double-digits very soon.

Unlike the 4th qtr. of last year I will be a buyer on dips. Be patient, this year (unlike last year) everything will be o.k.

archcc
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