SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirce Stojanovski who wrote (44827)1/23/1998 9:45:00 AM
From: Cogito   of 58324
 
>>And why did they miss earnings? Because nobody was buying zip drives.<<

Kirce -

They missed earnings primarily because not enough people were buying Jaz drives, and because nobody could buy the new products which didn't ship.

It's not bright to say that "nobody was buying zip drives" when unit sales were up over the previous quarter, and were up 2.5 times over the 4th quarter of 96. More Zip drives were sold in each month of the fourth quarter than were sold in all of 95.

Feel free to post, but consider getting a clue first.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext