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Non-Tech : Any info about Iomega (IOM)?
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To: Gary Wisdom who wrote (34623)11/5/1997 8:17:00 PM
From: D.J.Smyth  Read Replies (2) of 58324
 
you call this article "great" ? what premium do you give this company with a product introduction whose gross margins may equal less than 10%, with a profit margin less than 1%? what type of sales would you need to procure in order for this company to become financially successful? with IOM you at least have gross margins nearing 30% and an impressive nhand product which may deliver gross margins in excess of 40%. nhand has greater potential than zip given the potential electronic items installed base - at 40 to 1 electronics that could use an nhand device versus products that can use zip.
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