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Non-Tech : Any info about Iomega (IOM)?
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To: Fred Fahmy who wrote (45315)1/24/1998 10:59:00 AM
From: Jim Munroe  Read Replies (1) of 58324
 
That sales of Zip should slow at retail as a result of increased
presence as built-ins from the box makers should not be a surprise.
Why would anybody choose not to buy their Zip built in to their
new PC? The early adopters have done their thing so retail sales
will become a much smaller portion of Zip sales. Meanwhile, the
box makers should increase inclusion of Zip particularly if the new
Norton rescue scheme based on Zip is shown to reduce service calls,
many of which are Windows related. This translates into more drives
at a lower margin but eventually more disk sales.
I even accept to some extent the effect of the Asian chaos, more
in the sense that sales would be more comparable to those in Europe
if the economies were in better shape. KE long ago talked of aiming
at equal revenues from Asia, Europe and North America
What is wrong and does disturb me is the lack of revenue deriving
from new products. There have been announcements of many new products, the n.hand/clik!, the 10GB Ditto, the Buz, the Jaz2, the notebook Zip-some of these announcements go back a year or more-yet nothing has been shipped (except for a limited number of the thicker laptop Zips). I was looking for some positive news on these during the conference call but it seems that nothing was said. This to me implies no shipments in the near future. There is something fundamentally wrong with this situation and the lack of comment
leaves me quite worried about the future.
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