Any info about Iomega (IOM)? Message Board

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

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To: Fred Fahmy who wrote (45315)	1/24/1998 10:35:00 AM
From: Rocky Reid	Read Replies (4) of 58324

> In my estimation earnings in 1998 earnings will be up approxmiately 50% to around .60.<< It is exactly this same sort of obscenely optimisitic projections that get Iomega investors in trouble in the first place. The American market grew 25% last Q year to year. If you were to chart this out, you would see an alarming trend in growth that would make you to hope that Iomega can at least equal this past year. The Asian market is up in the air at this point, but they only account for about 1/11 of the business anyway. Europe is currently undergoing rapid sales growth, but they can start at anytime to mirror the level of saturation that now exist here in America. Plus, if fully implemented, the $100MM ad blitz could take a dime or so out of the yearly EPS.

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