Any info about Iomega (IOM)? Message Board

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

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To: Reseller who wrote (52835)	4/17/1998 1:00:00 AM
From: Jock Hutchinson	Read Replies (5) of 58324

but the sales is the big story here. Heck if it wasn't for the extra advertising expenses one could make a case that they had a good quarter. No, the big story is negative cash flow, current and future, as well as what management called a critical inventory problem. How critical? Well, when you have negative cash flow going forward, and it's your inventory that's the critical problem, then you as a reseller should know just how sick a company IOM is. Why is this sick company worth anything more than one and one half times sales, which would put it well below five dollars?

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