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


To: Ken Pomaranski who wrote (6921)1/29/1999 2:22:00 PM
From: Cogito  Respond to of 10072
 
Ken -

Gee, you didn't expect them to answer those questions in a press release did you? That's not what press releases are for, is it? ;-)

To answer one, in fact the company reversed the loss trend and posted a profit for Q4. They can make money. Their forward guidance indicated that they expect to make their numbers for 1999. They have to make money to do that.

To answer the second, they are bringing out new products and refreshing the older product lines.

- Allen



To: Ken Pomaranski who wrote (6921)1/29/1999 2:26:00 PM
From: D.J.Smyth  Read Replies (1) | Respond to of 10072
 
Ken, how come you like posting to this thread when you hold no interest in IOM?



To: Ken Pomaranski who wrote (6921)1/29/1999 2:37:00 PM
From: Ron Dior  Read Replies (1) | Respond to of 10072
 
>>1. How come you own 85% of the market and still can't make money?
2. Why is top line revenue growth flat with all these OEMs?<<

1. Q4 proves that they in fact are making $$$$$!
2. This is called getting their house in order. Top line revenue growth will come with time. They have cleaned house and that is the first step. Now the new product lines will push earnings forward. This is a text book case of a true company turn around.

This stock is well undervalued at present, and many investors know it. They are just waiting to see if the turn around is progressing. If IOM meets or beats earnings again, along with making positive comments on future growth, we will see 30's by 00. If this turn around talk is just a bunch of hype and Q4 was inflated, we will go back to $3-$5 range again. It is that simple!

Ron Dior