Any info about Iomega (IOM)? Message Board

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

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To: Bearded One who wrote (33277)	10/24/1997 4:09:00 PM
From: Cogito	of 58324

>>Hey, how's Iomega going to make money with the same tie ratio but lowering the price of it's drive by 50 bucks?<< Bearded One - Oh my God. I must call Kim Edwards immediately and point out the fatal flaw in the business plan. But seriously, BO, not only can Iomega make money after lowering the price of the drive by 50 bucks, but they have. If you were paying attention, you would have noticed that both gross and net margins have increased over the past year, even as the price of the Zip drive has gone from $199 to $99. In the meantime, the competitors for the top spot in removable storage keep slugging it out with each other, as Iomega widens its lead. This is an observable fact, not a supposition. - Allen

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