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Non-Tech : The New Iomega '2000' Discussion Group
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To: Ken Pomaranski who wrote (892)6/22/1999 9:17:00 AM
From: D.J.Smyth  Read Replies (2) of 5023
 
ken <<Sandisk's revenues show exactly how small of a piece of the pie Iomega can expect from CLIK! Iomega MAY get 10% of that for $15m in revenues. Less than ditto!!!>> again, IOM wouldn't have stated 10% from clik! ($160 million) if they didn't have some idea relative to contracts up coming or in hand what was coming. odd that IOM expected more revenue from clik! than SNDK made all last year and the market is valuing SNDK market cap from their small revenue of $145 million revenue at $1 billion plus. IOM is still selling 1 million zips a month. if they properly reconfigure their labor mix to fit the product mix they should turn a profit (reason is that 60% of zip drive cost is labor - and slightly more for jaz, so i've been told).
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