Any info about Iomega (IOM)? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jwk who wrote (44765)	1/23/1998 2:58:00 AM
From: Reseller	Read Replies (2) of 58324

Hi Jak!, Well so much for what I know. Disappointed with the results due to my expectations, but as a company it looks like they are still doing very well. I did note that their reserve for inventory had jumped from around 26 mil to 42 mil, the reserve for channel rebates jumped 3 mil and for bad debt $750, thou. For a total reserve increase of approx. 20 mil. hmmmm ( .08 eps ) About the new advertising program, I feel that the computer literate techie group have already been informed about the attributes of Zip and there's a need to inform the average user . Almost all of my first time computer customers and a lot of my old time customers have not heard of Zip, this will make retail sales easier. A couple of comments on the new products that didn't ship. I have a list of people ( some wanting to prepay ) waiting for Buz. We also had people putting off Jaz purchases due to the Jaz II release. I thought that the conference call was an overall good call with decent questions. Reseller

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next