Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Spank who wrote (44675)	1/22/1998 10:28:00 PM
From: Ken Pomaranski	Read Replies (2) of 58324

Do any of you realize that the only product shipping from Iomega (without problems) is the ZIP? 3 years later, still a one trick pony. And with problems only ZIP and JAZ. I hate to tell you guys this, but the conference call shows ALL the signs of big trouble ahead. I knew this was coming, I've been saying this for 1.5 years. Iomega is ADMITTING (like I predicted 2 years ago) that they really don't make money off of OEM drives, and the tie ratio stinks with those drives. We are finally seeing the 'treadmill' affect I talked about last quarter (selling 2x the drives to stay in roughly the same place) They basically conceded the low end PC market, as was speculated in October. They heavily downplayed CLIK!, hinting (my opinion) that they have major problems with this drive. The America aftermarket was the FIRST market and therefore, by definition, will show the first signs of slowing.. HERE IT IS!!! And, they are making a last ditch desperate play with the super bowl. The hail Mary!! I'm not getting back into this guy, except to short sometime later Good luck! kp

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