Any info about Iomega (IOM)? Message Board

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

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To: JP Sullivan who wrote (56090)	6/13/1998 10:07:00 PM
From: Gary Wisdom	Read Replies (3) of 58324

Yeah, Winston, I have a comment. I could care less about Orb. But, what really, really, really bothers me is how come everyone else in the world can produce these things and make a profit with a much lower MSRP (ok, maybe not Syquest), and Iomega can't? That is one of the reasons I sold all my stock. Something is very wrong with this company if they can't sell Zip drives for $99 and make a huge profit. Their margins tell a different story (that they can't). Either they have terrible negotiators or they are paying way too much for labor, parts and everything else. Also, there's no way they shouldn't be able to sell Jaz drives for $199 and make a huge profit either. Something is wrong in Roy.

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