SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocky Reid who wrote (50105)3/15/1998 11:28:00 PM
From: Naggrachi  Read Replies (1) of 58324
 
>>In the CC last Q, the earnings shortfall was said to be partly attributed to price cuts. >>

Pardon my french, but, are you talking out of your ass again? I listened to the CC and KE NEVER said anything about earnings shortfall due to price cuts. If I recall correctly, it was due to lower tie ratio (increased OEM's hurt the ratio at first, then picks up as users by media for the drive,) delay in Jaz2, Buz delay, component shortages for laptop Zip, asia thingie (which I doubt,) delayed purchases of Jaz due to the intro of Jaz2.

In fact one of the things that analysts questioned and voiced their disapointment over was KE refusal to lower the Zip to $99.

Zead
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext