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

To: Senthil Sankarappan who wrote (52809)	4/16/1998 10:54:00 PM
From: RetiredNow	Read Replies (6) \| Respond to of 58324

Here's our participants' guesses for IOM's close tomorrow (anyone I'm missing?): mindmeld $6 Gary Wisdom 7.5 Robert Read 7.5625 Michael M 7.5 Sheila R 7.25 Zebedee Wright Jr 7 ----------- Consensus Est. IOM close 4/17/98 $7.135 =========== These are our contestants so far. If there are any other guesses just post them and you'll be entered into the table. If your guess is closest to tomorrow's IOM close, you'll be awarded the "Bright Bastard" award. Thanks for playing! P.S. If you posted a range, I took the average.

To: Senthil Sankarappan who wrote (52809)	4/16/1998 10:55:00 PM
From: Alan Rosen	Read Replies (1) \| Respond to of 58324

The high SG&A levels must be addressed and the increased inventory levels...these are the most critical issues at this time. The prospect of projected negative cash flow will not be favorably viewed either. On the plus side, IMO, is the commitment to R&D and a "new" attitude regarding information dissemination. Ditto has run its course, but will remain profitable as niche within a niche...no surprise here. Clik! is the wild card...even if the initial income from the product is not significant this year the introduction of it will give fresh legs to the entire IOM product line. The bear's claims that the company and products are dead are lame at best. Equally lame is the attack on the quality of IOM products, they are no better or worse than comparable mechanical devices...these are just sour grapes arguments. On balance not too bad, just don't expect any significant improvement in the stock price for another 1 or 2 quarters. archcc