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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Ken Pomaranski who wrote (3150)10/14/1999 5:34:00 PM
From: s. bateh  Read Replies (1) | Respond to of 5023
 
yours as well....



To: Ken Pomaranski who wrote (3150)10/14/1999 5:34:00 PM
From: Alan Rosen  Read Replies (1) | Respond to of 5023
 
Obviously I am long too long. These guys cannot manage their way out of a paper bag! Same tired story. I don't see a payoff.

archcc



To: Ken Pomaranski who wrote (3150)10/14/1999 7:04:00 PM
From: D.J.Smyth  Respond to of 5023
 
read this post Ken and consider its merits:

messages.yahoo.com

A Profit In Q4 Is Likely...?? Yes.
by:ÿ fanatically (40/M/West Palm Beach, Fla) 73193ÿofÿ73194
....if you wonder how IOM is able to state this early on,
that they expect to show a profit in Q4, it's because they
have deliberately overstated the expected restructuring
charges, so that, when the (actual) revised figures are known,
it will be all "creatively' shown as a profit in Q4.

This is legal....and one of you has posted accurately here
in the past about how it is done, particularly in situations
like the one IOM's management currently finds itself in...

I won't be surprised if the stock hardly loses any share-
price tommorrow..... the restructuring news would have given
many stocks a 40% - 50% haircut, instead, IOM WENT UP on the
news, then gradually dropped down to the original area of
strength.... $ 3 1/4 - $ 3 3/8.

Regardless, I still see a significant price recovery quite
likely by year end.... stranger things have happened.

good luck to all--