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


To: Bearded One who wrote (6398)1/21/1999 8:43:00 PM
From: s. bateh  Read Replies (3) | Respond to of 10072
 
Bearded one: You forgot this part:

Although the company beat Wall Street analysts'
expectations of earnings of 5 cents per share, quarterly
income dropped 47 percent, year over year.

Iomega lost money in the first three quarters of 1998, a
company representative said. "The trend is the return to
profitability, even if it is decreased over last year."



To: Bearded One who wrote (6398)1/21/1999 9:44:00 PM
From: Kevin  Respond to of 10072
 
For every bad headline there is a good one:

01/21 16:06 Iomega reverses loss trend with quarterly profit



To: Bearded One who wrote (6398)1/21/1999 9:49:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 10072
 
<<I'm not saying that the article I quote below is fair. I'm just posting it here so that people can realize that there are others who are commenting on Iomega's report in a negative fashion, and that the negative viewpoint could very well be the dominant one, which will hurt the stock in the short run.>>

Yeah, I know what you mean, remember Red Harrings article right after 3rd Q numbers? It read something like "Iomega still sucks" (keep in mind that that was the TITLE of the article.)

Zead