SI
SI
discoversearch

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

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Senthil Sankarappan who wrote (6583)1/22/1999 7:37:00 PM
From: Bobo Bear   of 10072
 
>>>Even IOM's goal is only 5% net margin and so if they have 2 Bil in sales, we can expect max 100 Mil in profit which is like 35c/share. So, unless the sales improve dramatically, the profits are going to suck with this 5% net.

It seems someone read my recent postings, thats cool. I find it interesting how a lot of the posters zeroed in on the break even first quarter. But very few postings on IOM's long range guidance. Anyways, the CC said IOM management was expecting "middle single digit" net income for 99. Maybe their goal is 5% maybe its something different. Goals and expectations can be different things. I know I'm just being picky. I'm just glad someone else commented on Iomega's long range guidance.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext