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

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To: Rocky Reid who wrote (57271)7/17/1998 12:37:00 PM
From: Cogito  Read Replies (1) of 58324
 
>>They are very much "like' numbers. You see, the tie ratio is a rate at which discs sell to drives. The rate at which Zip drives increased their base since 7/97 (114%) was not met by the growth rate of Zip discs (44%). Clearly even a dimmer-witted 5th grader can see that the tie ratio has been suffering based on this fact.<<

Rocky -

It never ceases to amaze me how you can be wrong on virtually every point you make, yet you have ended up being right about the general direction of Iomega's stock price. Although it should be noted that it took nearly a year before you started being right about that.

In fact, Iomega's report says that disk shipments improved 44% in the second quarter, as compared to the second quarter of 1997. Quarter over quarter sales growth cannot be meaningfully compared with the growth of the total installed base of drives in one year.

If we want to see what's happening with tie ratios, we have to look at these numbers:

Q2 1998 drive sales up 10% on a unit basis over Q2 1997
Q2 1998 disk sales up 44% on a unit basis over Q2 1998

Get it?

- Allen

PS: Notice how I'm not even responding to the aspersions on my intelligence. Pretty mature of me, huh?
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