Any info about Iomega (IOM)? Message Board

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

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To: Tom Gebing who wrote (32372)	10/16/1997 6:06:00 PM
From: Joon Song	of 58324

This is all second hand info from the conference call, so bear with me. There may be a few mistakes. - q2 backlog = 180m, q3 backlog = 387m - acounted for some of q4 advertising campaign during q3. - ZIP production was shut down 7-10 days due to parts shortage. - JAZ production was shut down 3 weeks due to parts shortage. - q3 ZIP drive shipments increased 26% over q2. - drive shipments to OEM's increased 60%. - over 35% of ZIP drives went to OEM's. - demand continued to accelerate in q3. - estimated to have missed 50-100m in sales dur to parts shortage. - parts shortage problems resolved. - forsee no parts shortage in q4. - major television ad campaign in q4 - "Zip Built-In". - make computer buyers aware of Zip. - major OEM's agree to cooperate in ad campaign. - Zip+ reception has been favorable. - Zip+ is now shipping. - 15mm notebook Zip shipping in Nov. - working 12.7mm notebook Zip will be shown at Comdex. - gross margins q2 - 29.4%, q3 = 32.5% - much of R&D now working on n.hand. - expect significant improvement in n.hand by q1 98. - Q&A: KE believes Ditto sales are being eaten up by Zip/Jaz. people back up files, not entire hard drives. Enjoy until you can listen to the conference call youself. Joon

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