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

To: robert read who wrote (56744)	6/23/1998 9:40:00 AM
From: s. bateh	Read Replies (4) \| Respond to of 58324

Update: Ingram got in 875 10pks. yesterday and sold out same day!!!! they still show over 18000 on order due by 6/25. Reseller can verify this.....the disks are really moving.....huge....tons!!!

To: robert read who wrote (56744)	6/23/1998 10:41:00 AM
From: John Lacelle	Read Replies (1) \| Respond to of 58324

Robert, According to BARRON'S, first call lists 1997 profits as $0.41 per share. 1998 profits of $0.01 per share. 1999 profits of $0.44 per share. (from memory, correct me if I'm wrong) Anyway, with that kind of data, I say look for the bottom, buy a fat chunk, and hold on!!! According to my own calculations, I have predicted earnings of perhaps $1.50 per share (conservative estimate) for the year 2000. I still think that this will be a $20 or $30 dollar stock at the start of the new century. -John