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

To: Gottfried who wrote (3641)	12/16/1999 9:54:00 PM
From: Mel Boreham	Read Replies (1) \| Respond to of 5023

Gottfried, I guess it had to happen one of these days... One of the Brothers Fool won a bottle of wine and the other one lost. Iomega just didn't fit their Rule Breaker criteria anymore. Wonder what the Street will think of this tomorrow? Will we see this stock break into the 2's again? Or now that the Street no longer sees that dumping on Iomega is a a way to get back at the Motley Gardiner brothers for their bashing the regular retail brokerage houses in their books. Who knows maybe some of the negative pressure will be off the stock. Anyway, I just saw the following over on Yahoo so am bringing it over here to all to see. Mel Repost follows: Newsflash! IOM to beat street estimates by: crooked33 (23/M/Chicago, IL) 12/16/1999 9:07 pm EST Msg: 76661 of 76661 This Maxter (MXTR) announcement confirms what hope to be true about IOM. 1. Zip units shipped will exceed expectations. (normally up 24% year over year). 2. Zip revenues will exceed expectations. (due to greater volume sales of higher end products. i.e. Zip 250 $180 compared to Zip 100 $99) Throw in Zip CD and Clik! for an added bonus. 3. Therefore, IOM earnings will exceed expectations. You figure, they made .07 last Q4 and that was on sales of $100 - $120 Zip's. I don't recall that much talk about Best Buy's being sold out or 6 of the top 10 selling computers including Zip as a standard, either. Increase the number of units sold along with an increase in the selling price of each one and it comes down to simple math. .04 (10.8 mil.) will be a piece of cake and I wouldn't be surprised to see .10 (.07 after the restructuring chare of 7.5 mil. to be taken in Q4).