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


To: Cogito who wrote (3169)10/15/1999 3:11:00 PM
From: Bobo Bear  Read Replies (1) | Respond to of 5023
 
I read through a couple of IOM's Q3 news articles. Met my expectations, the company is not doing well which is reflected in the stock price.

biz.yahoo.com

The above news article contained the following paragraph.

"Financial results in the quarter will be heavily dependent on a number of factors, including the success of recently introduced products, recurrence of typically strong fourth quarter sales, and the company's ability to resolve current Zip drive component constraints,' the company said."

IOM is still having Zip component constraints??? Talk about a consistent problem. I think I remember reading about Zip component constraints since 1995. Simply amazing. This problem has to leave every IOM investor shaking their heads.