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

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To: Guy Gordon who wrote (3868)7/1/1996 7:19:00 AM
From: Archie R. Wortham   of 58324
 
Acutely asute as always, Guy. I see nothing but positives from the $50 rebate. The retailers get the money. The product gets sold. The customers are happy with the product, and it's left up to the customers to fill out the rebate. The rebate, my wife has done a lot of these, will take at least 4-6 week to complete, I don't see IOMG paying the first one until long after the market has reacted to the 2Q earnings.

I cannot see anything but positives out of this rebate deal for all elements. And as we know, part of the incentives to get customers to buy anything is to get them in the store. I think it's a great marketing tool, and would speculate only 1/3 to 1/2 will actually take the time to fill out the rebate! Yet $50 is $50. And what's $149 now (with rebate) could be $50 less, if Young is right, by XMAS. Just a thought.

Keep on Trucking,

Archie
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