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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Kevin who wrote (5886)	1/14/1999 5:44:00 PM
From: Chu	Read Replies (2) \| Respond to of 10072

IOM $28-30 by year end (posted on Yahoo board) with self-appointed and locally renowned analyst Wyatt Earp99 of EarpBrothers Securities (and Security if you require armed protection.) Routers: Mr. Earp... Wyatt: No need for formalities, please call me Wyatt Routers: Okay, Wyatt...Iomega is your number one recommendation for 1999. How can you justify that in light of recent negative comments about Iomega by other analysts? Wyatt: At Earp Brothers we believe that Iomega's resurgence is imminent. They have now purchased the assets of their former major competitor, Syquest. The Clik and Zip 250 are now in the marketplace and are doing well. Iomega is just now tapping into the non-pc product markets... digital cameras, personal digital assistants, scanners, printers, Web-TV, etc. The Nomai purchase positions Iomega to move into new areas such as optical readers and CD read/write technology. National ad campaigns are now rolling in both print and broadcast media. Y2K concerns will boost demand for Iomega storage products in 1999. It's really a no-brainer. Routers: Are you saying the other analysts are just plain wrong? Wyatt: Maybe not so much wrong as mis-informed or worse yet, uninformed. There is some long held negative sentiment out there about Iomega that is no longer justified. If the naysayers would take off their blinders long enough to do some due diligence, I believe they would change their tune. Routers: What about the Q4 earnings announcement coming January 21st, will Iomega meet consensus estimates of .05/share or the whisper number of .06/share? Wyatt: We look for a positive earnings surprise from Iomega. Possibly as much as .08 or .09/share. Could be higher. Routers: Well, based on what you have told us today, the future certainly looks bright for Iomega. Where do you see their stock price by year end? Wyatt: As everyone knows, it's difficult to look eleven and a half months ahead and predict prices in today's volatile markets.However, with continued sales and earnings growth and if the market avoids a major downturn, we can foresee Iomega being $28 to $30/share by year end, if not sooner. Routers: Wyatt, thank you for speaking with us today and allowing us to publish this interview. Wyatt: My pleasure, anytime. Disclaimer: Routers News Service and Earp Brothers Securities are fictional entities from the imagination of Wyatt Earp99. Any similarities to actual business entities is unintended. The above fictional interview is neither a buy or sell recommendation for Iomega and is intended for entertainment purposes only. As with any stock, do your own due diligence before investing.