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

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To: Michael Coley who wrote (41166)12/21/1997 6:41:00 PM
From: Dale Stempson   of 58324
 
Michael, Thanks for the reply. Perhaps I misunderstood your comment, but I am surprised that you would not be bothered if Iomega were to sell OEMs Zips below cost. Regardless of whether they would still be profitable overall, I would expect such a move would significantly impact their future earnings and be an ongoing concern for the analysts and institutions. I expect KE will stick with his plan however and never sell below cost. I doubt there will ever be the need to do so, and if there was, well then we'd probably have bigger things to worry about.

Regards - Dale
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