Any info about Iomega (IOM)? Message Board

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

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To: Michael Coley who wrote (48524)	2/22/1998 4:06:00 AM
From: Andrew Shih	Read Replies (1) of 58324

Well, I'm trying to not be overly optimistic, but somehow those Q4 numbers keep looking better and better over time <g>.... Considering Iomega didn't expand capacity too much between Q3 & Q4, how did everyone assume such a large spike in revenues? There were only a couple weeks of delays in Q3 production...that may be one factor everyone, including myself, missed. If we just take Q4 results and multiply by 4 quarters, we get $2.2 billion in revenues and $.52 per share in earnings for 1998. I think we may generate more revenue than that, but earnings could be anywhere between $.45 and $.65 depending on pricing pressures. -Andrew

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