Any info about Iomega (IOM)? Message Board

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

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To: Joon Song who wrote (43844)	1/18/1998 3:32:00 PM
From: Gary Wisdom	of 58324

Anyone notice the absence of cut rate deals on Zips the past 2 weeks? That tells me that inventories are getting smaller at retailers as Iomega is getting ready to lower prices so that the regular retail price becomes $99 very, very soon. At $99, as fast as Zips flew off the shelves in December, they'll fly off even faster this quarter. If inventories were high, we'd be seeing more ads these past 2 weeks. With Iomega shipping 1 MM zips per month, these have been blown out in the fourth quarter. Another great reason to think that Q4 earnings will be fantastic!!!

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