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Non-Tech : Any info about Iomega (IOM)?
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To: Frank Drumond who wrote (43906)1/19/1998 12:01:00 PM
From: RetiredNow  Read Replies (3) of 58324
 
Please feel free to correct my logic if it is failing:

9/97 % of sales
Sales 431.70 100.0%
NI 30.00 6.9%
EPS .11
shares 274.07

Estimated for 12/97
Sales: 2.7M zip (including disks) x $150 = $405M
Sales: 385K jazz x $480 = $187M
Total Sales = $592M
$592M X 6.9% = $40.85M net income
$40.85M / 275M shares = $.15 EPS

The only thing that makes me uneasy about the above analysis is
that I think the sales are projected too high. Anyone else
have thoughts?
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