Any info about Iomega (IOM)? Message Board

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

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To: Naggrachi who wrote (48762)	2/24/1998 11:50:00 PM
From: Michael Coley	Read Replies (1) of 58324

RE: You're out of your mind. >> As much as I hate to hype things, and mind you, I was one of the few who criticized and showed alarm at the optimisim of 4th Q earnings, I think IOM will report .14-.15 cents a share. << You're out of your mind. What could you possibly base that on? To hit 0.14, they would have to (for one example) increase revenues 10% over Q4, bump GP% from 33.4% to 34%, hold SG&A increases to the $15 million Q1 advertising, and hold R&D steady. Buz is only now beginning to make its way into the channel. Jaz2 has not (as far as I can tell) shipped. Jaz1 price was reduced. I think they'll have a decent quarter, but 0.14 is totally unrealistic. (I'd love to be proven wrong, but just don't see it happening.) - Michael Coley - wwol.com

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