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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Rocky Reid who wrote (3090)10/7/1999 7:12:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 5023
 
Now that it is confirmed by Iomega that the Bomb! drives rolled out last January didn't even make it 1 full year in the marketplace, what is next?

Expect the PC Card Bomb! drive to be cancelled within the first 6 months of 2000, and with it the entire Bomb! line.

Iomaniacs simply refuse to accept the facts and fail to do proper research regarding the markets Iomega tries to penetrate.

How much did this dismal failure cost Iomega in R&D? Over $100, Million, correct? Revenues? A grand total of $6 million fpor the first 6 months, and likely less than $10 Million total to date.- a LOSSES of over $20 MILLION.