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


To: W. Clinton Terry who wrote (44472)1/22/1998 4:48:00 PM
From: Joyce Chen  Respond to of 58324
 
9 3/8!!!



To: W. Clinton Terry who wrote (44472)1/22/1998 4:51:00 PM
From: Cogito  Read Replies (4) | Respond to of 58324
 
All -

I am shocked and dismayed. Never in my wildest fears did I imagine they would miss the mean estimates.

Now, to be completely fair, this number still represents a substantial increase any way you look at it, either quarter over quarter or year to year.

Nonetheless, expectations are everything. I'm sure we have seen the last of Trufflette for a while, and probably Gary W., too. Short term traders are not going to like this.

- Allen



To: W. Clinton Terry who wrote (44472)1/22/1998 4:59:00 PM
From: larry  Read Replies (1) | Respond to of 58324
 
IOM is being traded at 9 right now, and seems keep dropping. Sorry to bring bad news to you guys. I am neither long nor short on IOM. I did come to the board and posted some negative comments on IOM several months ago and my posts were trashed. My point at that time was simple: 1) increasing competition will definitely slow down growth of IOM and an earnings shortfall is inevitable; IOM is enjoying a premium PE which does not allow any bad news; 2) Fuji's HIFD disk is gonna cause big headache on IOM. Still hold those points.
Anyway, good luck to longs in the future. I don't need to say good luck to shorts since they already cashed in big bucks.

larry