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

To: Alan Rosen who wrote (50672)	3/18/1998 5:52:00 PM
From: Rocky Reid	Read Replies (3) \| Respond to of 58324

>>IOM misses estimates by .02 and gets slammed, announces a flat quarter coming and loses another 17%.<< IOM did not pre-announce a "flat" Q. They announced a loss of anywhere from $10-$25 Million for 1st Q 1998. The "flat" part comes from the fact that they predict revenues will be flat compared to last year (1stQ 1997). This is bad. Very bad. This indicates a reversal from growth to decline.

To: Alan Rosen who wrote (50672)	3/18/1998 5:52:00 PM
From: Hunter Vann	Respond to of 58324

If you REALLY want to be confused, check out YHOO, AOL, AMZN...

To: Alan Rosen who wrote (50672)	3/19/1998 11:49:00 AM
From: Pravin Kamdar	Read Replies (1) \| Respond to of 58324

Alan, re: I don't claim to be a business expert or a great investor, but, would someone please explain the "math" to me. The "math" is that BAY has new leading edge products that are gaining momentum. Iomega has old obsolete products that are being shunned by the market. It's pretty simple. I tried to warn this thread about the writing on the wall a couple of months ago. Oh well. The Zip drive is being given away to OEMs. Nomai looks like it will be able to make Zip disks and under price Iomega. The Jaz is over priced and the Jaz 2 missed it's market window with Syquest eating its lunch and Castlewood about to wipe it out. The latest issue of PC Magazine said that it could not recommend Iomega's new video capture device to anyone, due to poor quality and hardware incompatibility. So, what's left? The Clik. Execution on this device needs to be flawless. Don't marry your stocks! Pravin.