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


To: jwk who wrote (43115)1/11/1998 4:29:00 PM
From: Spank  Read Replies (1) | Respond to of 58324
 
isn't there a chance they'll take advantage of some of the earlier
artificially "softened" quarters and tack it on this quarter
since we've been smacked around so much? Would they be so
kind as to throw us a bone like that just because we've been
such good sports through it all? Are they going to save those
pennies for a future quarter with even worse share performance?

(do they even give a rat's @ss?)

-Spank



To: jwk who wrote (43115)1/11/1998 5:06:00 PM
From: Reseller  Read Replies (1) | Respond to of 58324
 
Jack, Your memory is all too good.

I think that we've gotten a little gun shy and are afraid
of the Internet Hype label.

So let me change the numbers around a little.
Lets say that they are flat Q3 to Q4, and given that there
seems to be ample inventory but, they were still only
able to fill 250,000 of their 350,000 - + back order.

That would give sales of 681,700. At some point the streets
going to mark them down as not being able to put it on the
bottom line.

Q3=$431,700 + $250,000 = 681,700 x 7.54% = 51,400 \ 274070 = .187

While it's true that these guy's like to work a conservative book,
how much can you hide quarter after quarter.

And than again you may be right. In any case we have a hell of a quarter going.

Lots of luck
Regards
Reseller



To: jwk who wrote (43115)1/11/1998 5:21:00 PM
From: Brendan2012  Read Replies (1) | Respond to of 58324
 
Deferring earnings (as much as allowed by GAAP) is advantageous to Iomega since they also defer taxes that way. This is the true reason IOM always seems to soften the numbers.

Brendan