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Non-Tech : Any info about Iomega (IOM)?
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To: Kevin Linder who wrote (50628)3/18/1998 1:44:00 PM
From: Bill Lin  Read Replies (1) of 58324
 
Return on investment of this quarter sales is negative. To pour more money into KE's hands, when he has not acknowledged the need to pursue the low cost strategy is dangerous.

IF and WHEN he changes direction, and provides VALUE to the consumer, instead of trying to rip them off of the extra $50 per drive (when it is only worth $75), then IOM will return to its glory days of 1995/1996 when it traded at multiples of sales.

I think SEG and WDC will kill the zip/jaz products through worse management. QNTM might help expand the market.
BL
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