SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Wisdom who wrote (45466)1/24/1998 10:43:00 PM
From: RetiredNow  Read Replies (1) of 58324
 
Why? The only thing I left out was taxes. You said that an increase in revenues of xx would offset the $100M, but I already accounted for that in doubling the EPS from $.42 to $.84. What you said doesn't make sense.

However, I was incorrect in saying that the $100M was in addition to their normal SG&A. Because in actuality they spent just a little less, but not much, than $100M in 1997. So my error was in thinking that the $100M was an incremental cost, when it's only a few million more than last year's expense.

I appreciate the rebuttal, though. Keeps me honest.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News