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Non-Tech : Iomega Thread without Iomega

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To: Michael Coley who wrote (8721)4/1/1999 9:04:00 AM
From: David Colvin  Read Replies (2) of 10072
 
Michael,

I also thank you for posting your estimates by quarter for all of 1999. They were obviously based on quite a bit of logic on your part, coupled with knowledge from past performance.

After Ken P. posts his numbers, I'll follow within a day or so with my own "outlook" for Iomega, by quarter, for all of 1999 and all of 2000.

There are bound to be differences in our numbers by quarter and by year, but I think it will be extremely interesting to see which of us comes the closest as the year plays out. I'm also ready to soundly congratulate whoever comes the closest at the end of each quarter and for the whole year.

The figure that I will place particularly emphasis on is net earnings per share with all "special charges or credits" taken into account on a fully diluted share basis. I say this because I believe that without a return to a reasonable, repeatable, predictable net earnings picture, Iomega's stock isn't going anywhere.

Further, I believe that there will be no winners or losers among us no matter which forecast is the closest. On the contrary, I believe that all of us can learn something here and may wind up tempering or heightening our outlook on Iomega as a result of what we learn.

Dave
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