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

To: maaad who wrote (9192)	4/17/1999 6:46:00 AM
From: Amadeo Mendez-Vigo	Respond to of 10072

The Line of Credit...Started in March 11 1997...revised down to in 1999 to 150 million...and it does expires in July 14th 2000... As of Dec.31 1998,the company was in compliance with all covenants under the Credit Facility...With the success they have in their cash flow, in the last few QT...Don"t you feel that it will be revised again, maybe for same amount or lower ??...The pattern with SyQuest does looks some like it but SyQuest could not produce the "Cash Flow" that was needed to need with compliance,they had to Sell or Chapter 11.. Do you feel that "IOM" is doing the same, I think not. Regards and thanks for interesting posting...Amadeo