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

To: Jock Hutchinson who wrote (52839)	4/17/1998 1:29:00 AM
From: Rocky Reid	Respond to of 58324

Based on the $145 Million NEGATIVE cash flow, IOM will run out of cash in the middle of the 2nd Quarter. Their recourse is to either borrow from creditors, or dilute their shares even more than the 265,000,000+ IOM shares already out there (a la Syquest). Based on this managements's prior decisions, which one do you think it will be? Any bets for this? Borrow? or Dilute?

To: Jock Hutchinson who wrote (52839)	4/17/1998 8:46:00 AM
From: s. bateh	Read Replies (1) \| Respond to of 58324

...you say that a company that takes in less than they spend will go broke.....sounds like syqt......and on the point of not giving you prices...i woun't give you ingrams cost....period....you don't need to know....i always said do what you want with the numbers i post....i was right in terms of the demand in the us....in terms of inventory, this is just what ingram shows....it does not tell me what iom is sitting on.......like i said ....keeping pumping out the negative and i will show the positive.....good luck..give it up on the 50%....i have pulled your chain enough