The New Iomega '2000' Discussion Group Message Board

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Non-Tech : The New Iomega '2000' Discussion Group

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To: Philip J. Davis who wrote (3146)	10/14/1999 5:21:00 PM
From: Ken Pomaranski	Read Replies (1) of 5023

Quarter Assessment: More of the same!! The company = ZIP. period. The profits they make off ZIP get blown on other products. These other products show no sign of future growth. As these new products rise up, older products fall off to more than offset the new products. By far the worse thing in the report is the falloff in ZIP disk sales. With about 10m drives added to the installed base since last year, disk shipments should have INCREASED. This blows the 'razor blade' theory out of the water... This company is still treading water. It is not a growth company. They hide losses behind 'restructurings', keeping the faithfull strung along. kp

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