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Non-Tech : Iomega Thread without Iomega
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To: sheila rothstein who wrote (267)6/29/1998 8:05:00 PM
From: Bill Lin  Read Replies (2) of 10072
 
You know, HMTT just reported $56mm in revenue vs the expected $80 mm in revenue. Want to know where the other $24mm in revenue went?

I bet you that IOM begged them to hold their disk inventory for Jaz, and HMTT did it.

Sierk owes Shauer a big big big favor for this.

I think this is one of the methods IOM used to renegotiate its covenants.

BL

(ps based upon assumptions, it may only be $15mm in FGI held by HMTT)
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