Any info about Iomega (IOM)? Message Board

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

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To: Cogito who wrote (31287)	10/7/1997 1:23:00 AM
From: Ken Pomaranski	of 58324

Hi Allen. (1) The internal drives for OEMs are SCSI, correct? (2) Also, for my analysis a few days ago, I was generous and used 4 million for the number of ZIPS sold in Q1 and Q2 1997. This yielded a penetration ratio around 3%. There is no way they sold 4 million in the first 2 quarters of this year, so that ratio is probably much lower. (3) The corresponding PC sales for Q1 & Q2 1997 were during a period when cheap PCs were only 7% of the market. Now they account for 30% of the market, of which ZIP has ZERO penetration. (4) HP de-emphasizing the ZIP, after HP was the first on board! (5) Continuing erosion of ASP of ZIPs, with no high margin products to pick up the slack in Q3. (6) Lateness of 8 million annoucement. All the above pieces of data contribute to me being less than optimistic. Now, let's see some bulls put some numbers where their mouths are! (I fully expect people to call the above 'trash' without any data to back up their claims. oh well!) kp

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