Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Dr. Bob who wrote (4754)	7/24/1996 3:54:00 AM
From: Dr. Bob	of 58324

European sales I sense some confusion about the comments made by management on slow European sales. To my knowledge European sales dropped from $63m in Q1 to $56m in Q2, so they were off about 10%. In Q2 (almost) nobody in Europe is on vacation!!! So the drop in the past cannot be explained by vacation time. Even worse, the availability of IOMG products was much better in Q2 than in Q1, which means that in Q2 compared to Q1 everybody who wanted one could get one. The past drop is more a sign of an underlying problem (probably lack of demand). Long European vacations will affect future (Q3) sales, however. So expect another drop to let's say $40m in Q3. Rebates do not take effect in Europe so that won't help either. Regards from Germany

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