Any info about Iomega (IOM)? Message Board

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

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To: Phil Tran who wrote (9967)	10/24/1996 3:38:00 PM
From: slipnsip	of 58324

Short IOMG buy EGRP? EGRP may have low commissions, and decent service, but they have negative earnings........... How long can a firm lose money and stay in business. I am curious to watch their marketing and bottom line. No doubt they are selling their order flow getting 1 1/2 cents for listed and 2 1/2 to 3 cents for otc which helps, but apparently it is not enough to put them in the black. I understand that they recently went self clearing which from experience was probably a tremendous nightmare. It takes time to get the staff up to snuff. This should save them tremendous bucks if they manage to limit the amount of errors to customers accounts and general screw ups. Just think, they were paying probably 16$ per trade to the clearing firm. Add up those numbers... Just my thoughts...

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