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Non-Tech : Any info about Iomega (IOM)?
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To: BBG who wrote (55824)6/9/1998 3:50:00 PM
From: Brendan2012   of 58324
 
>> I didn't say they sold their products at a loss... I said the company isn't making any money... i.e. their costs exceed their revenues.<<

I would expect that they can get their costs under control over the next few quarters, at which point the extra revenue from this Compaq deal will mean more in earnings. Gross margins have always been positive anyway. The main problem over the last few quarters has been that revenues have been much worse than expected, so this will help.

Brendan
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