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Non-Tech : Iomega Thread without Iomega

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To: Ken Pomaranski who wrote (9735)6/18/1999 9:55:00 PM
From: Rocky Reid  Read Replies (1) of 10072
 
I wish to revise my previous earnings estimates based on Iomega's Revision Downward:

techstocks.com

To: +Herb Fuller (9730 )
From: +Rocky Reid Sunday, May 9 1999 1:18PM ET
Reply # of 10055

Iomega 2nd Q '99 Estimates:
Clik will lose $15 Million for 2nd Quarter 1999 on sales of $7 Million. This will be the highest $ amount of Quarterly revenues that Iomega ever realizes from Clik.

For 2nd Q 1999, Iomega will report:
Revenues: $365 Million, down (-7%) year to year from 2nd Q '98
GM $82 Million 22.5%
SG&A $61.5 Million 17.0%
R&D $23 Million 6.3%
Earnings: Loss of $2.5 Million ($0.01)


----
*all figures before any special charges

IOM will now report a Loss of ($0.08). My Revenues still stand at $365 Million.
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