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Non-Tech : Any info about Iomega (IOM)?
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To: s. bateh who wrote (56470)6/18/1998 9:10:00 PM
From: stock bull  Read Replies (1) of 58324
 
s, if IOM doesn't have their cost structure in place, selling to CPQ, Dell, et. al., will only increase their losses. How much money is IOM putting into each box that they ship to the OEM's? I doubt that the sales of after market disks is sufficient to keep the company financially sound.

I think the company has it's work cut-out in trying to restructure it's bank loans.

Any money currently invested in IOM is going to be "dead money" for some time to come.

Stock Bull
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