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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: gmccon who wrote (35838)11/14/1997 6:16:00 PM
From: Brendan2012  Read Replies (2) | Respond to of 58324
 
I'm surprized the market doesn't really seem to care about Clik! I think it will be a very significant product for IOM, possibly rivaling Zip. Meanwhile, I can't believe that the market also doesn't seem to care about the 10M Zip announcement or the Micron announcement. There have been lots of significant developments in the last week, yet the market doesn't seem to care.

This quarter: 2.5M Zips (after all, it would appear that 1M got sold in the last month), 20-25M disks. What kind of profits will they make off this alone? 50M? About .36/share? Looks pretty good to me, and you can't forget that they have new higher margin products this quarter too.

Purely guessing here really though...need to look at last quarter's statements to try to figure out the margins.

Brendan