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Non-Tech : Any info about Iomega (IOM)?
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To: Ken Pomaranski who wrote (53804)4/29/1998 5:15:00 AM
From: Michael Coley  Read Replies (1) of 58324
 
RE: Comparable losses?

Ken,

>> SYQT's $33m loss in Q1 1996 is not far off from Iomega's 19m loss in Q1 1998. <<

There's absolutely no comparison, Ken. SYQT lost $34 million on $79 million in sales in Q1 96 (which was in 1995, BTW). That's a 43% net loss. IOM lost $19 million on $408 million in sales in Q1 98. That's only a 5% net loss. That's a world of difference.

- Michael Coley
- wwol.com
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