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

To: Rocky Reid who wrote (9802)	5/11/1999 4:11:00 PM
From: David Colvin	Respond to of 10072

All of my estimates do NOT include any special charges. Exactly how much Iomega intends to charge against this Q (or whether to spread charges out over time) is up to them. Just want to get things straight before I summarize numbers for round two of the 1999 and 2000 earnings estimate shoot out. So, you are saying that you are estimating Iomega's operating earnings (before any special charges for restructuring) will be a loss of $2.5 million ($0.01 per share) before any special charges for restructuring which would increase their losses even more....is that right? Jodie Glore said that Iomega's operating earnings would be "comparable" to their Q1 1999 earnings before any special restructuring charges. He also said they would announce what those charges were going to be sometime this quarter, prior to the next earnings release. Dave