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

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To: Glenn D. Rudolph who wrote (31989)10/14/1997 9:01:00 PM
From: Eve Edelson   of 58324
 
Glenn,
I read the Emerald projections too & was puzzled. Earnings for the first two quarters were .17 and 19. Even assuming we make Emerald's estimate of .25 for Q3, Q4 earnings must be .34 to make Emerald's FY estimate of .95 . But Emerald projects Q4 earnings of .32 .

Maybe I'm being picky here but stocks get trashed for coming in one cent below whatever estimate is sanctified; and if an analyst tries to try to project earnings down to the penny shouldn't the quarters add up? Business is good so I don't fret about the overall picture, but such discrepancies bother me. What do you think?

-Eve-
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