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Non-Tech : Any info about Iomega (IOM)?
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To: Rocky Reid who wrote (50687)3/18/1998 9:03:00 PM
From: Rational   of 58324
 
>>We may not know until the next CC if Iomega can reverse its negative cash flow. The only way they can is if they either layoff employees, close down some manufacturing, or employ other cost-saving methods.<<

Agree.

The backlogs in the pipeline can also show improvement; we can know that during the CC.

My main point in this discussion is that IOM still sits at a somewhat monopolistic position. This ego may have brought them to a bad state. [Well, their heavy advertisement strategy has not yielded much YET, except the cost and loss.] But, the severe punishment from the stock market is likely to make their ego force them to reinvent ways and products to show earnings, unless the market conditions deteriorate beyond their control (which looks unlikely).

Sankar
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