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

To: Herb Fuller who wrote (52795)4/16/1998 9:25:00 PM
From: s. bateh  Read Replies (1) | Respond to of 58324
 
Herb, I feel the same way....the expenses are something they can control....sales were up, oem inclusion up, jaz2 will have a full qt as well as buz, laptop zips, etc.....this qt. will tell a lot....the ads should start showing effects late april, may etc.....i think they have a team who is serious this time and will buckle down.....if the ads have an effect and expenses are held in line we should see a good qt....hopefully the street will see it as a turn around...at least they cannot say that iom is not giving them guidance on future qts....this is what the street has been waiting on......over 50% inclusion is huge......by the way sales of the jaz2 at ingram keep humming along



To: Herb Fuller who wrote (52795)4/16/1998 9:41:00 PM
From: Gottfried  Read Replies (1) | Respond to of 58324
 
Herb, >If you plug in a figure of 18% SG&A instead of 27% you will come up with a .06 profit instead of (.07) loss<

Good work, Herb! So this "overreaction" to the $100m ad budget
last quarter was not so dumb after all. I'm holding. This gets
easier, because IOM is now a much smaller percentage of my
portfolio (without selling a share <g>).

Regards Gottfried


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