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: Naggrachi who wrote (48762)2/24/1998 9:54:00 PM
From: Brendan2012  Read Replies (3) | Respond to of 58324
 
.14-.15 would certainly surprise everyone, including me. I just don't see it happening with only (1/2)Q benefit from Jaz2 and Buz, with the increase in advertizing, and with seasonality.

Brendan



To: Naggrachi who wrote (48762)2/24/1998 10:34:00 PM
From: Kansas George  Respond to of 58324
 
>>It's just a gut feeling and a feeling that KE will have the last laugh.<<
You aren't the only one with that "gut feeling". At the end of 97, only had one friend with a zip. Since first of the year, I Know of 5 zips purchased by friends. Also, I think possibly some advertising cost for 98 may have been hidden in the last quarter. I'm with you on the 14 or 15.



To: Naggrachi who wrote (48762)2/24/1998 11:50:00 PM
From: Michael Coley  Read Replies (1) | Respond to of 58324
 
RE: You're out of your mind.

>> As much as I hate to hype things, and mind you, I was one of the few who criticized and showed alarm at the optimisim of 4th Q earnings, I think IOM will report .14-.15 cents a share. <<

You're out of your mind. What could you possibly base that on? To hit 0.14, they would have to (for one example) increase revenues 10% over Q4, bump GP% from 33.4% to 34%, hold SG&A increases to the $15 million Q1 advertising, and hold R&D steady.

Buz is only now beginning to make its way into the channel. Jaz2 has not (as far as I can tell) shipped. Jaz1 price was reduced.

I think they'll have a decent quarter, but 0.14 is totally unrealistic. (I'd love to be proven wrong, but just don't see it happening.)

- Michael Coley
- wwol.com