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

To: Dale Stempson who wrote (47560)2/11/1998 6:54:00 PM
From: Michael Coley  Read Replies (1) | Respond to of 58324
 
RE: What does SyQuest's Bad Report Mean to Iomega?

Like Dale said, it's essentially a non-issue for Iomega.

One thing that it DOES confirm is that SyQuest isn't "eating Iomega's lunch" as many have worried.

- Michael Coley
- wwol.com



To: Dale Stempson who wrote (47560)2/11/1998 7:40:00 PM
From: Dwight Griffin  Read Replies (1) | Respond to of 58324
 
Dale - I noticed the same thing. There 4th quarter revenues increased 20% from the 3rd quarter, but all their expenses increased at a much greater rate. Additionally, their 4th quarter revenue was down substantially from 4th quarter 96.

Yet - with all that, I don't know where their stock price will go either.

(If they're planning on another quarter of a 38.995 million dollar loss, it may be time to issue more shares.) :0)


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