Any info about Iomega (IOM)? Message Board

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

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To: Ken Pomaranski who wrote (47292)	2/9/1998 2:22:00 PM
From: Michael Coley	Read Replies (2) of 58324

RE: Profit Margin Dropping? Retail Zip Sales Slowing? Nope. Ken, You make a number of good points, but I believe you're in error on at least two: >> (6) HUGE PROFIT MARGIN - and dropping...<< Here are the GP%'s for the last eight quarters (Q1 96 - Q4 97): 27.0% 26.9% 26.3% 29.0% 29.7% 29.4% 32.5% 33.4% It looks like they're going up, not down. >> (8) STRONG AFTERMARKET APPEAL FOR ZIP AND JAZ - hmm.. remove OEM sales and relook at the numbers... 4Q 97 Retail Zip Unit sales were up 66% over 4Q 96. 1997 Retail Zip Unit sales were up 67% over 1996. Sure, OEM sales are growing faster than that, but Zip is still growing rapidly at retail too. - Michael Coley - wwol.com

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