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

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To: Ken Pomaranski who wrote (49617)3/9/1998 11:17:00 PM
From: slipnsip  Read Replies (1) of 58324
 
FIRST CALL EARNINGS ESTIMATES

IOM Iomega Corp. 03/02/98
Industry: Comp-wo IBM SIC: 3572
Latest Price: $9.19 1998 P/E: 18.4
Analyst Recommendation: 1.8

QTR QTR FY FY
Mar 98 Jun 98 Dec 98 Dec 99
--- --- -- --
CURRENT MEAN EPS 0.09 0.12 0.50 0.56
Number of Brokers 4 4 5 1

Median 0.09 0.11 0.50 0.56
Standard Deviation 0.01 0.01 0.04 -
Current High 0.10 0.14 0.56 0.56
Current Low 0.09 0.11 0.45 0.56

Year Ago EPS 0.09A 0.10A 0.42A 0.50
Current vs. Year Ago Change 0% 20% 19% 12%
R

At the risk of over evaluating my position in IOM. It would appear that if you believed the analysts had the earnings guesses right, then IOM would be fairly valued. 20% projected annualized growth and a 20 P/E. One point of interest. Up until the most recent quarter IOM was able to beat estimates with the exception of one quarter about 5 quarters back I think due to a one time charge.. Anyway, my point now is that the projected growth is terrible compared to what it was before. 20%?? I liked it much better when the estimates were for 50-100% growth and IOM beat. Now we are praying for 20% and for them not to miss.

As much as we ballyhoo the analysts, they have managed to come in pretty close to what IOM actually produced. Now with that said, is IOM fairly valued relative to earnings projections in the near term?

Just a thought from someone very long and planning on being longer with available funds............. Devils advocate...
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