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

To: FBarron who wrote (46514)	2/1/1998 11:37:00 AM
From: Cogito	Read Replies (1) \| Respond to of 58324

>><<< She kept emphasizing that he was trying to be 'honest' with us shareholders.>>> I wonder how that can be justified in light of the "Asian" comment (re: reasons for not meeting earnings).<< FB - In previous conference calls, KE has said that they were targeting Asia as a growth area. We can infer from that, and from statements in the last CC, that they committed financial resources to support that growth. In the CC, KE stated that orders from Asia had been cancelled due to the problems there. Is it not possible that this would have the effect of Asian revenues not being up to plan, and thus negatively affecting revenues overall? KE did say in the CC that not shipping Jaz2, DittoMax Pro, and Buz during the second quarter was the main reason revenues were light. Where's the problem? - Allen