More Bateh Lies:
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"USB ZIP is out"
Wrong.
biz.yahoo.com
The new USB Zip(R) drive is expected to be available at retail, distribution and catalog partners in the late Q4 timeframe.
Late Q4 means next year sometime. Meanwhile, the USB LS-120 Superdisc will have been out for months.
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"Just ask yourself if today the position of iom is not 1000% better than it was 5 months ago....i am not talking about losses, cash flow,..."
Oh yeah, just put those LITTLE THINGS like EARNINGS aside. 5 months ago, Iomega was warning of small losses to breakeven for Q2 and Q3 with a return to profit in Q4. Now, Iomega investors are looking at double digit losses for Q2, similar losses for Q3, and a serious risk of no profit again in Q4, resulting in a huge loss for the entire year.
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"sparq stopped in france with more to follow"
In fact, SparQ is allowed to continue selling for another month in France with no penalty to Syquest. During this time, it is possible that this ruling may be overturned.
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"hifd mangaer is with iom(and still no product)"
This sentence is true bty itself, but seen as a "1000% improvement" is ridiculous. Managers jump ship all the time for various reasons, mainly for more money. Iomega managers have jumped ship to other companies this past year for this same reason. Not a big deal.
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"increased disk sales ..."
In fact, Iomega has lamented the declining tie ratios due to OEM penetration. Not only that, but based on the numbers Bateh posted from Ingram a couple of weeks ago, I calculated and posted the results that Iomega was realizing very troubling disk sales.
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Bateh's continual pumping of this stock will not go unchallenged.
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