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


To: sheila rothstein who wrote (5971)1/16/1999 8:31:00 PM
From: Mike Perras  Read Replies (2) | Respond to of 10072
 
I'm in .08

Mike



To: sheila rothstein who wrote (5971)1/17/1999 11:59:00 AM
From: Linda Pearson  Read Replies (3) | Respond to of 10072
 
Sheila, I wasn't going to take any swags this time. Don't ever like to think that there will e an unattainable whisper number number established. The following is my OPINION and no investment decisions should be based upon any of the commentary.

This is the consensus estimate from Zacks:

dailystocks.net

This is my SWAG (not from a detailed analysis spreadsheet model... too lazy for that this year):

$.06

But, I feel there is a likelihood that the comments that are made during the conference call will reflect a turnaround in their business....based on all the fundamental (management, competition, product) changes that have come about since that fateful day in January 1998.

This in itself, not beating the estimates by a great deal, should be enough to finally shed some light on the company and it's stock. Don't forget that $10 is a magic number for many funds.

Assuming that they do not miss estimates, and that there is a positive future outlook expressed after the announcement, the stock could easily close above 10 3/4 on Friday, Jan. 22nd....opening new sources of cash that can flow into the funds.

Another thing, if I were short, I would be quite nervous right now.

AGAIN, THIS IS MY OPINION.

After all that the long term holders have been through, this time around should seem like a cake walk. Good fortune to all.

Linda