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

To: rll who wrote (6809)	1/26/1999 5:36:00 PM
From: D.J.Smyth	Read Replies (1) \| Respond to of 10072

Imation outlook\Broadcom earnings\IBM\Coca-Cola\CPCI Imation Corp. (NYSE:IMN), announced that preliminary results for the quarter ending December 31, 1998 indicate that pre-tax operating results will likely fall in a range near break even. This preliminary estimate does not include a net gain the company will recognize in the quarter resulting from the previously announced sale of its medical imaging business to Eastman Kodak Company (NYSE: EK) for $520 million. Company officials indicated that operating results for the quarter were impacted by several factors including a higher than anticipated seasonal market slowdown in its photo and printing and publishing businesses. The company also continued to make investments in newer offerings in data storage, digital color proofing and solutions. In addition, the transfer of the medical imaging business effective November 30, 1998, resulted in one month's operating profit from medical imaging business being transferred to Kodak. Imation Corp., Oakdale, Minn., supplies a variety of products and services worldwide for the information and image management industry. 01/26 (1615) Rocky's first love sounds like they're having some difficulites.