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Non-Tech : Iomega 1997 Q4 Projection Thread -- Ignore unavailable to you. Want to Upgrade?


To: Herb Fuller who wrote (22)1/18/1998 3:37:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 48
 
Herb, I posted several weeks ago that Iomega IR told me that they are NOT benefiting that much from the fall of the Ringit.

The majority of their costs are in dollars, not Ringits.

So, I don't think it will be a great positive. But, it certainly won't be a negative.



To: Herb Fuller who wrote (22)1/18/1998 5:00:00 PM
From: Mel Boreham  Read Replies (1) | Respond to of 48
 
Herb, I agree... this could amount to quite a windfall to Iomega this quarter and over the next year of so. This Asian flu is not going away for some time and with all of the IMF questions and politics entering the fray, I'm really not sure what the outcome will be. We do have to worry about DEFLATION in the future, not just INFLATION. Japan got into a deflationary spiral and is still suffering from the effects today.

Just moved all my 401K money into a bond index fund. Mel