Any info about Iomega (IOM)? Message Board

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

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To: Roger Nelson who wrote (39549)	12/12/1997 9:39:00 AM
From: Cogito	Read Replies (1) of 58324

>>There is sure a lot of advertisments for refurbished zips. Now there is a rebate as well. I know KE said that returns were not high in past earning conf., but does anyone have thoughts on this or am I just worried because I have been beaten so badly in the past few days.<< Roger - There have never been refurbished Zip drives available until recently, because Iomega had the Zip on MAP, which meant that no one could advertize a price lower than the official one. I conclude that this means that Iomega simply stockpiled all returned drives for the more than two years that Zip has been on the market. Considering that they have sold over 10 million drives in that time, even a 1 percent return rate would leave them with a significant number of units at this point. - Allen

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