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


To: Teddy who wrote (45417)1/24/1998 6:59:00 PM
From: Linda Pearson  Respond to of 58324
 
Teddy,
<Linda, would you please restate your last post in a manner that i can understand?>

Companies have financial analysts or accountants who put together a forward outlook...usually 5 years...estimating revenues and expenses, while going through different permutations of catagoric expenses (detailed) and capital expenditures. They also post actual vs estimates in order to see if things are on track (usually monthly).

What I was trying to say, is that they must have done projections as to the estimated revenue intake in relation to the advertising expenditures.

<I don't know what to do, but it seems that yesterday there were plenty on people that owned a lot of shres that thought the be thing to do was to get rid of them.>

I think there is a bit more uncertainty with Iomega stock than other companies due to the large estimated expenditure (and the outcome is based only on hopes(estimates). But, if anyone can name a company that does NOT have revenue uncertainty attached, I will sell all my Iomega stock and invest it there.

Everyone has to judge the details for themselves. I will not react emotionally to this.

I am currently not planning to sell. I bought the stock for it's future potential (I have had some fun short term trading). But, my options have died...:(

<Linda, what are you planning to do?>

I bought a little more at 8 11/16 Friday....need I say more.

Linda



To: Teddy who wrote (45417)1/24/1998 7:08:00 PM
From: Linda Pearson  Respond to of 58324
 
Teddy,

I forget to add that I used to be a Financial Analyst doing projections..before I did THIS STUFF!

Linda