Iomega Thread without Iomega Message Board

STOCKTALK

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 : Iomega Thread without Iomega

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: maaad who wrote (9202)	4/18/1999 11:30:00 AM
From: Ken Pomaranski	Read Replies (1) of 10072

<< Ken, regarding R&D spending; are you sure about that? >> << Last note: Iomega made money this time because of the lowest R&D spending in 3 years." >> Sorry, my statement is incorrect. It should be last 2 years. (1997 & 1998). You'll notice that the Q1 99 run rate approximately matches 1997, and is well below 1998 levels. If Q1 1999 matched 1998 levels, the earnings would have been about -.01/-.02 per share. Also, SG&A was 18% in Q1 1999. This is also historically low. This will need to increase as CLIK! is ramped. (for advertising...). GM% is the lowest since sometime before 1991. This is not a good trend. kp

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next