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Non-Tech : Any info about Iomega (IOM)?

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To: Gary Martin who wrote (4240)7/11/1996 11:10:00 PM
From: Mary Cluney   of 58324
 
It will be very safe to say that 2Q96 sales will exceed both HQ and JPM estimates of $285M. It could be anywhere from $300M to $350M versus sales of $52M in 2Q95. Growth rate will be between 500% to 600 %.

Net profit margin 1Q96 was 4.6% and would have been over 7.0% if it were not for unexpected costs in Jaz start up (According to Kim Edwards).

Therefore, eps will be a minimum .10 and possibly as high as .18 versus a loss of .02 same quarter last year.
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