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


To: BBG who wrote (55824)6/9/1998 3:18:00 PM
From: s. bateh  Read Replies (2) | Respond to of 58324
 
You are wrong....i always say that this puppy is hurting, the stock that is....and the company has made some really bad decisions in the past, and they have really screwed up the stockholders over time...i agree to all that....no problem there...BUT this news is huge!! i have plenty of bad things to say about the company but i don't say it here, i direct it to iom....but when it comes down to it, i want the stock to rise!!! where it seems like you want it to fall, case in point you not believing that this news is huge! I speak from fact, rr does not. I reported the cpq news weeks ago and will continue to post positive here. email me off line if you want and we can discuss...i think we are on the same side.....take care



To: BBG who wrote (55824)6/9/1998 3:19:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 58324
 
You are "HUGE"LY mistaken. Can't compare s.b to crock. (eom)



To: BBG who wrote (55824)6/9/1998 3:50:00 PM
From: Brendan2012  Respond to of 58324
 
>> I didn't say they sold their products at a loss... I said the company isn't making any money... i.e. their costs exceed their revenues.<<

I would expect that they can get their costs under control over the next few quarters, at which point the extra revenue from this Compaq deal will mean more in earnings. Gross margins have always been positive anyway. The main problem over the last few quarters has been that revenues have been much worse than expected, so this will help.

Brendan