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

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To: Janice Shell who wrote (8411)10/6/1996 8:23:00 PM
From: Daven G. Rajangam   of 58324
 
I wasn't aware of the June announcement, but, yes, that also is quite significant and further complicates this issue. I can't for the life of me figure out IOMG has sold a total of 2 million Jaz and Ditto drives (perhaps 1.2 million in the 3Q alone) with barely a whisper from this group or elsewhere.

The Ditto drives are priced at $100-$150 retail, close to Zip prices and hence must be a nice revenue source for Iomega. The Jaz drives are FAR more profitable than Zips. The 5 million figure indicates to me a Jaz rampup that could be the sleeper story of 3Q earnings.

Who knows, maybe a nice UPSIDE surprise on Oct. 17!

Dave
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