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

To: Michael Coley who wrote (8721)	4/1/1999 8:24:00 AM
From: Cogito	Read Replies (1) \| Respond to of 10072

Michael - Thanks for posting your estimates, and for all the work it took to develop the numbers. I'd be happy to see any kind of positive EPS number this quarter, even if it's a tiny fraction. One thing I've noticed over the years is that Emerald's estimates have tended to be high. I'm guessing that they have tried to avoid that this time, and that they have overshot on the low side. - Allen

To: Michael Coley who wrote (8721)	4/1/1999 9:04:00 AM
From: David Colvin	Read Replies (2) \| Respond to of 10072

Michael, I also thank you for posting your estimates by quarter for all of 1999. They were obviously based on quite a bit of logic on your part, coupled with knowledge from past performance. After Ken P. posts his numbers, I'll follow within a day or so with my own "outlook" for Iomega, by quarter, for all of 1999 and all of 2000. There are bound to be differences in our numbers by quarter and by year, but I think it will be extremely interesting to see which of us comes the closest as the year plays out. I'm also ready to soundly congratulate whoever comes the closest at the end of each quarter and for the whole year. The figure that I will place particularly emphasis on is net earnings per share with all "special charges or credits" taken into account on a fully diluted share basis. I say this because I believe that without a return to a reasonable, repeatable, predictable net earnings picture, Iomega's stock isn't going anywhere. Further, I believe that there will be no winners or losers among us no matter which forecast is the closest. On the contrary, I believe that all of us can learn something here and may wind up tempering or heightening our outlook on Iomega as a result of what we learn. Dave

To: Michael Coley who wrote (8721)	4/1/1999 11:03:00 AM
From: D.J.Smyth	Respond to of 10072

that's a fairly detailed estimate Michael. Although, overall PC unit sales are up, not down. A shift on the retail side to the lower end occurred, but total units still up. As you know, it's IOM's position that the price of the unit dropping leaves more dollars to purchase peripherals. This is supported by Data at Dell (and their comments), as they've also stated this, i.e., the average dollar spent by the consumer for the "bundle" of items continues to be about the same, even as the box price falls - more software and, from IOM's perspective, a zip add-on.