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

To: Francis Muir who wrote (52342)	4/13/1998 11:27:00 AM
From: RetiredNow	Respond to of 58324

All the numbers I look at say that IOM will come in at $-.03. My opinion is that IOM know they will have a crappy quarter. That means that they will try to get rid of as much dirty laundry as possible and push off any revenues they can until next quarter. That means this quarter is going to stink. And that means the stock will tank. My guess is the stock will decrease to $5 within a week of earnings announcement (which will be about $-.05 per share), then it will level off.