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

To: Jock Hutchinson who wrote (56337)	6/18/1998 10:46:00 AM
From: Les White	Read Replies (1) \| Respond to of 58324

>> a management which would not even divulge to the loyal IOM shareholders any kind of reasonable projected gross margin for this quarter or projected sales.<< So far as I know there are no securities laws that require management to guide analysts. It may not be good policy but it is certainly not illegal to ignore analysts. So where is the rock solid case against KE and others for not making an exception to their long standing policy of not giving analyst guidance. Current management has stated an expected loss for last Q, this Q, and possibly the next with a return to profitability in the last Q. What do you want from them? An exact play by play projection of how they intend to unfold the future? So they can be sued if it doesn't play out exactly as stated? >>Sony has been the market leader in removable storage since 1981<<. And there were plenty of mills pretty proud of themselves for having a large market share in wagon wheels. I wonder how much Harvey Firestone was scoffed at. Les