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

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To: sheila rothstein who wrote (42314)1/4/1998 3:50:00 PM
From: Gary Wisdom  Read Replies (3) of 58324
 
Sheila, re: # of drives sold and whisper number.

1. They announced on or about December 18 that they've shipped 11 MM drives. Remember that when they announce these figures is arbitrary. Remember I emailed you about 3 days before the announcement that they were going to announce the next day. Well, you saw that it took another 2 days of meetings for them to do it.

They shipped 11 MM well before Dec 18 but Iomega tries to back out 30 days worth of retail inventory to make their figures fair (unlike other companies)and more reflective of actual units sold. Plus, they do strategize before making these announcements from what I hear. All that said, they said they will not be making any more million drive announcements any more. And I agree. Why tell the competition how sales are with such precision. It gives Iomega absolutely no benefit to do so.

2. Regarding whisper numbers, haven't heard of any. But, you might use H.D. Brous's figures as a high end number for Iomega as they are usually quite sanguine (and rightfully so) about the quarters.

Sorry, but I can't comment any further at this time. My head is soaking.

<ggg>

P.S. Welcome back. Did you get any other family members to invest?
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