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

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To: Rocky Reid who wrote (42090)1/3/1998 12:07:00 AM
From: Cogito  Read Replies (1) of 58324
 
>>4th Q Prediction:
IOM .14›/share<<

Hmmm. I'm assuming that you misplaced the decimal point there, and that you aren't actually saying that the eps will be less than one cent.

If earnings were 14 cents that would be about 10% lower than the consensus estimates, but still significantly up from the 11 cents of last quarter. An improvement of 30% from the previous quarter would be nothing to sneeze at.

I wouldn't bet that way, though, since Iomega hasn't missed consensus estimates yet. There's always a first time, but I think I'd have to figure they'll come in more like 16 cents.

- Allen
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