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Non-Tech : Iomega Thread without Iomega

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To: John Solder who wrote (9330)	4/21/1999 2:17:00 PM
From: Rocky Reid	Read Replies (1) of 10072

Evidently, today's Earth-shattering slew of Fluff-Piece "News" releases from Iomega is doing little to change Wall Street's mind about this garbage dump. IOM is sitting on its $5 low for the day, and about to break down into the $4's. It's amazing that Iomainacs refuse to see facts that are as plain as the nose on their face. Zip is rapidly losing earnings momentum. Jaz is just losing it period. Flop! is bombing as we speak. This shoddy piece of flimsy engineering was supposed to be the Savior for Iomega. Flop!'s $5 Million in Quarterly Revenue and $13 Million in Losses won't cut it. I'm considering re-naming it the Bomb! drive. Ditto and its $80 Million in revenue is about to go bye-bye. What will make it up? Flop!? Don't make me laugh.

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