Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mr.mark who wrote (6519)	1/22/1999 11:33:00 AM
From: James Strauss	Read Replies (3) \| Respond to of 10072

Joe Kernen's latest statement about IOM beating analysts estimates last Qtr was an improvement over his prior statements... The comment about next Qtr being flat is like reading a headline without reading the story behind the headline... Those reading the story behind the headline will see a company undergoing a major positive turnaround where gross margins and cash flow are positive... They will also put two and two together to see that the purchase of Syquest assets and new product ramp ups is a small price to pay for a relatively flat first Qtr that will pay dividends in future big revenue and earnings qtrs... Those of us willing to do the homework will be way ahead, in our investments, than those who just read the headlines... Wouldn't it be fun if IOM actually turned a profit in the first Qtr.... : > Jim