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

To: Michael Coley who wrote (53340)	4/21/1998 10:02:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

RE: Shareholder's meeting Were any shareholders at the meeting allowed to toss anything else but softball questions to the management? >>* Problems in Europe in Q1 appear to have been due to channel rebates being discontinued and Jaz2 not hitting the European market until Q2. Jaz2 is now in the market, and the channel rebates have been reinstituted.<< So in other words, they are solving a profit problem by cutting margins down even more? >>* I almost got an internal Clik drive (MAN, THEY'RE SMALL! THEY FIT RIGHT IN YOUR POCKET!),<< Yeah, but does a pocket digital camera fit in there too?

To: Michael Coley who wrote (53340)	4/21/1998 10:17:00 PM
From: robert read	Respond to of 58324

to have been shorting iomega in the 7's was SOOOOO STUPID. That just goes to show you the kind of morons we are dealing with here.

To: Michael Coley who wrote (53340)	4/21/1998 10:56:00 PM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Michael, thanks very much for your report from the meeting. <eom>

To: Michael Coley who wrote (53340)	4/22/1998 12:26:00 AM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 58324

Guidance going forward: 15-20% SG&A, 3-5% R&D, 24-32% GM. Michael: it seems like the same old nonsense coming out of IOM management. First, there is no way that they will make their so-called forward guidance of 15-20% in the next quarter. Again, this is a management that talks about being a ten billion-dollar company, but doesn't provide any guidance about next quarter's revenues. The percentage that is going to be spent for R&D can only be described in one word-pathetic. Top end chip companies spend 20 % on R&D, and IOM is going to develop all kinds of cutting edge products with a tiny three- percent. Boy that really augers well for the future. The "guidance" on GM isn't anything of the sort. Those figures are gross guesstimates. For example, Intel's guidance usually has an error margin of about four- percent. Here the error margin on GM is thirty three percent. I am sure many thought there would be some sort of dramatic announcement like a new CEO. Didn't happen. Looks to me like nothing new at all.

To: Michael Coley who wrote (53340)	4/22/1998 1:33:00 AM
From: Reseller	Read Replies (2) \| Respond to of 58324

Michael... Thanks for your report on the Shareholders meeting... I felt that the meeting went well as the days volume was as positive as could have been. I kind of think this guy is going back into the $10 + range. Great report ! lots of good info. FWIW I noticed that Susan Stillings name had not appeared in a few of the latest press release and had e-mailed the company this is the reply I got. >>Dave, Susan Stillings has expanded the Investor Relations team; Tyler Thatcher now answers most investor inquiries. Tyler can be reached at thatcher@iomega.com or at 801.778.4362. Regards, Danielle Killian << It looks like a lot of changes are happening. : ) = happy reseller Regards Reseller