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Non-Tech : Iomega Thread without Iomega

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To: BeachBum who wrote (7665)2/23/1999 2:55:00 PM
From: Ken Pomaranski  Read Replies (2) of 10072
 
First of all, for those of you who think I'm Rocky, this proves to me that you have lost touch with reality and don't really care about making money.

This is typical human behavior. If you can't attack the argument, attack the person. So I'm not surprised...

2 other points:

1. Giving away ZIPS

Early on, Iomega made a lot of money off the drives. Now, they make no money off the drives due to the OEM model. Obviously, this has had an effect on both the top and bottom lines. You say 'It's the disks, stupid' and I say, Yes, it is, and look at the results... (6 dollar stock)

2. About the charts.

Charting works in the short term, but doesn't help you at earnings time. In the long run, earnings & revenues drive a stock's price. Use your charts to buy a stock the day before earnings, then let me know how that works...

kp

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