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

To: Jim Welsh who wrote (56441)	6/18/1998 6:17:00 PM
From: Iceberg	Read Replies (1) \| Respond to of 58324

>Can anyone give a logical reason for IOM's timing of their announcements. >why would a company wish to "screw" its investors? Jim, I can't give any logical reason. Why? Because there is no logic. I don't think IOM is out to screw it's investors - - timing of their announcements is simply a matter of gross incompetence. Nothing more. Nothing less. IMO. Ice

To: Jim Welsh who wrote (56441)	6/19/1998 1:24:00 PM
From: Kevin Linder	Respond to of 58324

Many computer manufacturers have stated that this quarter will be heavily "back ended." Not making excuses for them, but barely possible they didn't see this coming. Which the question then is why? Cutting staff levels should have happened gradually starting in first quarter when losses were apparent. Advertising campaign raises interesting questions. If it is working how bad would it be if it wasn't. If not working, why keep dumping cash at this level? Migraine day for sure. Kevin Linder