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

To: Bearded One who wrote (39637)	12/12/1997 5:08:00 PM
From: Dwight Griffin	Read Replies (1) \| Respond to of 58324

I don't recall the announcement of 10 million drives sold as being buried. I do recall the press release announcing 10 million on Nov 12, pretty big news as I recall coming less than 1 month after the 9 million announcement. I also recall a full page ad in USA today during Comdex heralding 10 million drives sold...hardly buried. In fact, I expect if they had much more publlicity, you would be accusing them of hyping instead. Dwight Griffin

To: Bearded One who wrote (39637)	12/12/1997 6:57:00 PM
From: Cogito	Read Replies (1) \| Respond to of 58324

>>Growth certainly must not always be constant. For a hot stock, though, growth must always be there. If tie ratios over the previous year's quarter did not increase, then that is negative growth.<< BO - I think you're missing the boat with your reasoning here. Tie ratios don't have to increase for revenue and earnings growth to continue. If the absolute numbers of units sold increases, and margins increase, then earnings increase. Also, in the first and second quarter reports, Iomega stated that tie ratios were up from the previous quarters, not the previous year quarters. Meanwhile, you apparently missed the information that Iomega IR says they are discussing whether or not to continue the "million sold" announcements. >>Haven't any of you wondered why Iomega didn't throw a parade down 5th avenue in New York City when they shipped their 10 millionth drive? They BURIED the news about it!!! You don't do that with a product that is gaining marketshare. Losing marketshare, though....<< They made the 10 millionth drive announcement in exactly the same way they made all the previous announcements. How can you possibly construe from this that they are losing market share? - Allen

To: Bearded One who wrote (39637)	12/12/1997 8:37:00 PM
From: Lurker	Respond to of 58324

Dear Bearded One: (1) I don't understand why you feel that one has to be an IOM bull or bear. My IOM stock chart goes back about 9 months. It is a classic case of a rolling stock. It goes up and it goes down - over and over again. In this case there is an upward trend. If IOM goes on a downward trend, what is the difference? If a person buys an option at $x.xx and sells it at $x.xx + 3, does it make a difference if the stock is rolling up or down? IOM will go up to $35.+ and back down to $30- at least a couple of more times before its range goes above or below these figures. That is the beauty of this stock. <<My scenario also fits in with Iomega's emphasis on Clik! and talk about it being a potentially bigger market than Zip. Trying to build new markets to escape reliance on dying ones is a standard and smart technique. >> (2)I don't think you understand what Iomega's business is. They are not a "zip" company. They are portable drive and storage company. It doesn't matter if Zip dissappears tomorrow. Iomega is not out to make sure that everyone owns a zip. Their plan is deduce what the market is for portable drives and storage and design the best products to satisfy this market. Right now it happens to be the Zip drive. they plan to make oodles of money off of it while it is popular. In the meantime they are designing other methods of marketing their product: portables drives and storage. Do you have the same requirements for car companies? Do you expect them to rely on one model of automobile to determine success or failure? I doubt it. How about computer manufacturers? Does Compaq have to survive or die on the Compaq Presario 2200? Or, is it possible that they may make other computer models, also. Will Iomega survive and thrive? Who knows? But, they have been successful, so far. Will challenges come up? Certainly, just like Compaq and General Motors have to continually improve their products to survive. Is Iomega fat and stagnant. Certainly not! They appear to be very dynamic so far. <<Growth certainly must not always be constant. For a hot stock, though, growth must always be there.>> (3) Wrong. Good growth can give you 50-100% per year. Good Volatility will give you about 20% per month. It would be interesting to see all the advantages and disadvantages of all of the portable drive and storage makers and compare them side by side. Remember, for Iomega's sales to decrease, the sales of other companies must increase. And, they seem to have even more problems and fewer advantages than IOM. Take Care, Mike