SI
SI
discoversearch

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


To: Rocky Reid who wrote (45930)1/27/1998 10:53:00 PM
From: Michael Coley  Respond to of 58324
 
RE: I Predicted the Top at 13 1/4!!!

The day before earnings, I left this message on Rocky's thread:

Message 3221397

I accurately predicted the top, and that bad news was coming. Unfortunately, I thought I was joking...

- Michael Coley
- wwol.com

"I feel your pain!"



To: Rocky Reid who wrote (45930)1/28/1998 2:38:00 AM
From: Robert Skinner  Read Replies (3) | Respond to of 58324
 
IOM PE 18.06 And the Numbers speek for themselves. Looks good to me. I really can't understand why people would sell this stock so low with such good numbers. So Some people thought IOM should have earned another cent or two... Hay don't any of you folks know that a company that keeps beating the numbers has it earnings rased all the time untell it can't beat the numbers. Ok so whats the problem KE spending to much on advertising!! Yikes thats a lame reason to sell the stock. I wonder if you folks that are selling so low rember that IOM's Mission has ALLWAYS been to make Zip the standard. Now Just how do you think Iomega can do that? How bout Advertising.. Think that might help? Funny think I ran across the same problem with a company I once owned. Ok I was only a sub chapter S corp. But My business plan was to own all the business in my area. I spent like crazy on Advertising only to here my wife scream about it. Well After 6 months of of spending all my little company could net on advertising I ended up with more work than I could do. That was another problem. I like How KE is handling it. He has his ability to handle the extra work on line, now he his going for more. It's the right thing to do. I got another little thing bugging me. I did some chanel checks and saw some empty shelf space for Zips. I'm wondering if There was "thing" about gitting product to stores. You know gitting there stock low. So when the adds started and delivers/sales picked up they could declare advertising a success. No I don't think so IOM is in the business of selling Zips. But why the empty shelf space? Anyway Take a look at the numbers.

REVENUE
(Thousands of U.S. Dollars)

QUARTERS 1994 1995 1996 1997

MAR 34,506 40,112 221,988 361,344

JUN 32,867 52,594 283,638 400,162

SEP 35,534 84,721 310,085 431,700

DEC 38,473 148,798 397,058 546,766*

TOTAL 141,380 326,225 1,212,769 1,739,972 <thats 1.7 billion

EARNINGS PER SHARE
(U.S. Dollars)

QUARTERS 1994 1995 1996 1997

MAR -0.03 -0.01 0.04 0.09

JUN 0 -0.01 0.06 0.1

SEP 0.01 0.01 0.05 0.11

DEC 0.01 0.04 0.08 0.13* <lets see they did 9,10,11 then 13 looks like growth to me or do you think people expect a larger company to grow as fast as a small company.
TOTAL -0.01 0.04 0.22 0.42

Just in case you expect a smaller company to grow as fast as a larger one look at the year to year growth... Looks good there to. Glad to own Iomega. I wonder if people are selling or if the stock is being shorted like crazy and some of us are being played for suckers!!!

Best to all Bob