Any info about Iomega (IOM)? Message Board

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

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To: Cogito who wrote (8762)	10/14/1996 8:57:00 PM
From: bull	of 58324

Credit line at wells fargo bank-Check it out. They use it also to cover bounced checks. Over $6mil last Q. They keep selling paper (notes due 2001 exchangeable for stock at 9 1/8) interest twice a year- Sept,and borrowing more money as the receivables continue to grow. Lots of consumer complaints about not receiving rebates. Cash flow problems? As far as the plant,what about the $$ necessary to convert and start production? Also, bound to have problems beginning production. Question is when will it start producing $$. As far as the rest of your backup questions, most home PC users don't do any type of backup. X pcs sold y backup units sold,= small %

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