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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: BBG who wrote (516)7/14/1998 8:52:00 AM
From: Ben Antanaitis  Read Replies (1) | Respond to of 10072
 
JD,

The news release does contain info re IOM cutting costs, but it's almost a month old at this point. Was there something new and different you saw in it?

Ben A.



To: BBG who wrote (516)7/14/1998 10:15:00 AM
From: Gottfried  Read Replies (2) | Respond to of 10072
 
JDS, this amounts to a warning, because the Street expected ($0.09),
quote.yahoo.com
while Iomega says >>it expects a second quarter net loss, excluding special charges, in the range of $25 million to $35 million, or $0.10 to $0.13 per share.<<

Cost cutting is good, though.<g>

GM


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