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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Cogito who wrote (44335)	1/22/1998 8:57:00 AM
From: Naggrachi	Respond to of 58324

Is anyone watching the damage control the spin doctors are putting on Squawk Box regarding GE's earnings? Appearantly First Call saiz they missed estimates by 1 cent. Jump'n Joe Kernan and Mark "Bobby" haines are sitting there argueing that one should compare apples to apples (fully dilluted vs. fully dilluted, not primary EPS.) They've been at it for 20 minutes now. Talking about how GE had 27 billion in rev., last quarter and that the 1 penny only represents $35MM in sales and on and on and on. Gee, wish they were that fair to all companies. Fair enough to take 20 minutes and go out of their way to explain all the micro issues behined a company missing a penny. IOM had a blowout 1Q '97 and haines at the time said " yeah, but backorder is down significantly." These guy's make me sick! Zead

To: Cogito who wrote (44335)	1/22/1998 9:17:00 AM
From: isdsms	Read Replies (2) \| Respond to of 58324

Allen, I certainly agree with your statement about delays being the norm. With HiFD, we will probably not see it arrive to market until 4th quarter. It will be FAR to late at that point. With an installed base of at least 25 million zips, give or take a few million, I can't imagine how this product can make it. There is also cost consideration. Iomega will in all likelihood will have reduced their cost substantially. My bet is that HiFD never sees the light of day. Regards, Ira