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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (1796)	7/18/1999 10:12:00 PM
From: Reseller	Read Replies (1) \| Respond to of 5023

If you could for a moment shed your obsessive position, ( your persona is obviously a guise for a short interest and you seem to be more intelligent than those Rockys of the past ) even with the understandable effort to talk the stock down ( after all we're talking about a $23,000,000 swing for every $1.00 up or down ) the stock has found support in the 4.5 range, at what point do you consider the risk / reward of the huge short position off balance with a bias to greater risk. Would you not agree that with the bad news the shorts should have been able to force a lower price. Their failure to do so with the resources that they applied was astonishing. Is there anything more that they can do to save their position ?

To: Rocky Reid who wrote (1796)	7/18/1999 10:57:00 PM
From: BubbaFred	Respond to of 5023

Sweet numbers! Looks great compared to what it will be in 4th Qtr, and super dreamy compared to next 1st and 2nd Qtr 2000. You, too, can dream. Everybody wants facts and numbers, believing the truth lies in the numbers. I worked with numbers and they are often made to belie the truth.

To: Rocky Reid who wrote (1796)	7/19/1999 1:45:00 AM
From: Dale Stempson	Read Replies (1) \| Respond to of 5023

RE: Your 3rd Quarter Estimates: ______________________________ Revenues: $353 Million (DOWN 10% Year to Year) GM: $71 Million (20%) SG&A: $86 Million (24.5%) R&D: $23 Million (6.5%) Earnings (LOSS): -$15 Million ($0.06) The 40MB Bomb! will post a LOSS of ($11 Million) on sales of $7 Million. I feel that my Revenues Projection is wildly optimistic. ______________________________ My comments relative to your numbers: Revenues will be higher due to: 1) Large backlog at end of last quarter, 2) Elimination of chip constraints, 3) Increased Clik! sales, and 4) New OEM SKUs with Zip. GM% will move higher due to: 1) Change in the OEM/Retail mix as chip restraints fade away, 2) Increased Zip 250 sales, 3) No repeat of taking Jaz capacity reserves, and 4) No repeat of taking Clik! excess inventory reserves. SG&A and R&D will be lower as a percent of sales. Progress is being made with various cost measures and results should become increasingly evident beginning next quarter. Earnings will be higher. Am I missing something or do your numbers not add up? GM of $71 less Op Exp of $106 equals Op Loss of ($35). Add back Taxes of $12 and you'd show a Net Loss of ($23) or about ($0.08). FWIW, I think that if Iomega were to perform according to plan, they could earn $0.04 or $0.05. However, since things seldom go according to plan, I'll knock off a few cents and throw out a WAG of $0.02 for next quarter. In support of seeing at least positive results, I suspect that Jodie will be doing whatever it takes to ensure the company posts a profit. Regards - Dale

To: Rocky Reid who wrote (1796)	7/19/1999 3:11:00 PM
From: Travis	Respond to of 5023

Rocky, Here are my numbers for Q3 (I'd be interested in seeing a breakout of yours). Q399(Est) Q499(Est) Revenue Zip $300.0 $375.0 Revenue Jaz $60.0 $80.0 Revenue Clik! $10.0 $30.0 Revenue Other $5.0 $5.0 Revenue Total $375.0 $490.0 Cost of Sales $M $270.0 $347.9 SGA $M $75.0 $83.3 R & D $M $22.5 $24.5 Net Margin $M $7.5 $34.3 EPS $0.03 $0.13 Travis