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


To: Rocky Reid who wrote (52776)4/16/1998 7:31:00 PM
From: Gary Wisdom  Read Replies (1) | Respond to of 58324
 
Rocky, you're an idiot.

On one hand, you talk about valuing Iomega at $4 or so (sometimes $2)

On the other hand, you love Syquest which hasn't had earnings since Clinton was a virgin.

Which is it? Consistency is a sign of intelligence. Where's yours?

IMHO, both these companies stink right now. If you didn't own them already, you'd have to be an idiot to buy them at any price.

Since December 1, Iomega's stock price has gone in one direction: down.

People, it's time to cut your losses and move on. Stop being emotional about a stock. Sell now, and buy your shares back 3 months from now, when it'll either be up or down $1 from today's close.

Oh well, who cares anymore? This stock has been a nightmare for all.



To: Rocky Reid who wrote (52776)4/16/1998 8:02:00 PM
From: Dale Stempson  Respond to of 58324
 
Re: EPS

Consensus estimates this morning had IOM at positive 32 cents for this year. Now it appears the overall 1998 year-end number has been guided more or less towards break-even. I'm certain we'll hear all the CC pros and cons before the market opens tomorrow, however, no matter how you cut it IMO, Iomega's future outlook for this year is a negative surprise. Regardless of the many legitimate CC positives - the price of IOM stock will likely move lower in the short-term simply because of the significant revision of future EPS expectations.

Regards - Dale