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

To: KM who wrote (5379)	12/30/1998 11:43:00 AM
From: Dale Stempson	Respond to of 10072

>>> I bought back mine today. Hope we get that 11 by earnings and not in 12 months too! <<< Trufflette, I obviously like IOM at recent price levels. I've set a series of buys down to $7 in case we drift off a little more. I'll move to options with any move below $7. While I doubt we'll reach $11 anytime soon, perhaps it would be reasonable to see a climb back into the eights prior to earnings, with a continuation into the nines if they end up exceeding the current estimates. I certainly hope they beat the street. Management has a good start towards earning some much needed respect. Any shortfall against expectations at this point could hurt dearly, and I don't imagine we'll see it. It seems to me that reasonable goals and an aggressive but solid plan are in place. Regards - Dale