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

To: Tim Kenney who wrote (45969)	1/28/1998 10:42:00 AM
From: Cogito	Read Replies (1) \| Respond to of 58324

>>Oh, and I also questioned the rebate accounting and jaz quality problems. Some here seem to think the rebate accounting issue was a short smokescreen that has been disproven. It has hardly been disproven and may have been partially responsible for this past quarter's problems. The jaz qualily problems are now legendary.<< Tim - I don't think legendary is the right word. I think you should have said mythical. As for rebate accounting affecting this quarter's report, I think you must not have been paying attention to the quarterly reports for the past year. Rebates ended in Q1, and any fallout for earnings would have hit the bottom line a while ago. At this point, people are accusing Iomega of being too conservative in their accounting. Those people have a better case than you do. - Allen