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


To: robert read who wrote (52984)4/18/1998 1:42:00 AM
From: John Alan Wallace  Respond to of 58324
 
Just my predictions:

1. IOM may go down a little this quarter or may go up a little this quarter. Don't think any big move is in store either way ($6 to $8).

2. IOM will show small profit for this quarter (.01-.04).

3. IOM will be approximately cash flow neutral for this quarter.

4. IOM price will appreciate significantly during next quarter.

Just my hopes:

1. The management will continue to show (and increase) openness of information provided to investors.

2. Prices are reduced to retail and incentives are given to OEMs.

3. Interim CEO becomes permanent or new CEO selected within 45 days.

JW