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


To: Thomas J. Smith who wrote (44507)1/22/1998 5:27:00 PM
From: Zakrosian  Read Replies (3) | Respond to of 58324
 
Sheila, Teddy, and Tom - I'd be interested in hearing your take on today's deveolpments. I was toying with the idea of selling everything today and buying back tomorrow, but it's just too hard to predict what's going to happen. From a quick review of the numbers, it seems that if they had kept their SG&A and R&D expenses to the same level as last year, they would have met estimates. From a long-term perspective, aren't those the areas companies ought to be spending their money for growth? If you folks are panicking, then I'll be a little more nervous.