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


To: Philip J. Davis who wrote (47998)2/16/1998 3:50:00 PM
From: Michael Coley  Read Replies (1) | Respond to of 58324
 
RE: What to Expect from Jaz 2GB and Buz.

Be careful not to expect too much. Shipping and shipping in volume are two different things. We have no way of knowing how much of the $70 million new product backlog was "real" orders, and how much they will be able to fill this quarter. Also, it'll take a while to fill the channel, and you can be assured that Iomega will take the conservative route when determining how much inventory remains in the channel at the end of the quarter.

I'm still expecting revenues around the level of Q4 and earnings of 0.08 or 0.09.

- Michael Coley
- wwol.com