Any info about Iomega (IOM)? Message Board

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

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To: Daniel Liberty who wrote (56535)	6/19/1998 9:57:00 AM
From: Ben Antanaitis	Read Replies (2) of 58324

MH: Game Plan for IOM? JS: On strategy to make Zip standard. On strategy to transform from retail to OEM market supplier. Volumes of Zips shipped up 40% but margins are lower due to OEM vs Retail mix. MH: How do you make a profit? JS: First, do not sell at a loss. But, on drives margin is smaller than on disks. JC: ARe you buying IOM stock on the open market? JS: My salary and the boards compensation are only in the form of stock, no cash at all. MH: Give me exact tie ratio? JS: No, it's competitive info. But tie in not as significant as it used to be when less units were shipped. Now with large numbers of drives shipped a slightly lower tie-in ratio is acceptable. Cramer did not jump in, but looked pissed. I wonder if Hanes had a stun gun out ready to zap him. Faber just reporting IOM at 5.. and Jim chimed in 'it's melting, it's melting...' Ben A.

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