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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: Dale Stempson who wrote (42506)	1/5/1998 11:49:00 PM
From: Gary Wisdom	Respond to of 58324

Dale, re: the Jaz component of Q4 sales Dale, once again you're right. However, considering that Q4 is seasonally the best quarter of the year, and that I have included a very conservative number for Ditto and Zip Plus sales, I'm probably a little optimistic, but I'll keep my projections as the high one on the thread. I'll be very happy if I'm right (and so will you). Bottom line, I really, really think that Iomega will beat their 7% after tax margin this last quarter. So, if they do something like 8-9% in after tax margin, even if I'm high on the revenue side, my EPS should be right in line. Never like to make projections based on incomplete information. However, that's what we're working with at this point. Positive factors going for Q4: 1. Full effect of Malaysia savings 2. No production downtime 3. $300MM backlog going into quarter 4. Comdex G&A expenses taken in Q3 5. Larger % of revenue coming from high volume disc sales due to larger base of drives out there, huge sales, and many retailers promoting them this quarter.

To: Dale Stempson who wrote (42506)	1/5/1998 11:56:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

I notice that no one has been gloating about any of Iomega product's performance lately. This is because Iomega has fallen farther and farther behind the technology of other companies. SyQuest has Iomega beat with SparQ, SyJet, and soon, Quest. Castlewood's 2.1 ORb drive devastates Iomega's Jaz2 -- however both products are vaporware for the time being. The only thing Iomaniacs can really gloat about are Sales figures. Sales numbers can be really reassuring during good times like this. But the Street looks at the future-- and it doesn't look good for IOM. Some faithful here have lamented recently about Iomega product's performance specs, but Iomega's deaf ears have demonstrated they can be as arrogant to their investors and they can be to their customers.