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

To: stock bull who wrote (39991)	12/15/1997 2:16:00 PM
From: Alan Rosen	Read Replies (1) \| Respond to of 58324

Just got back to the office, this is brutal! I think IOM will be o.k., but I am getting killed everywhere right now! archcc

To: stock bull who wrote (39991)	12/15/1997 2:18:00 PM
From: Fred J. Ledo	Respond to of 58324

Re: Asia sales I think you have mentioned an important point here. I expect Asian sale to become the fastest growing segment of sales for IOM. They currently account for little sales, but we, I mean IOM is setting up to accelerate growth and will no doubt capture the Asian market. I'm sure China doesn't have a love affair with the 1.44mb floppy, and I can see the 100mb floppy becoming the standard quickly. When Rocky says that Zip inclusion rate is only about 5%, it's exciting to think of the 95% we have yet to capture. Talk about growth. Fred biz.yahoo.com

To: stock bull who wrote (39991)	12/15/1997 2:22:00 PM
From: Fred J. Ledo	Respond to of 58324

Re: Asia sales This is why Bill Gates is concentating his efforts in Asia....growth potential from latest 10-Q Sales in Europe were $108.2 million, or 25% of total sales, in the third quarter of 1997, as compared to $50.7 million, or 16% of sales, in the third quarter of 1996. For the first nine months of 1997, sales in Europe were $323.0 million, or 27% of sales, as compared to $169.5 million, or 21% of sales, for the first nine months of 1996. Sales in Asia were $36.8 million, or 8% of sales, in the third quarter of 1997, as compared to $29.3 million, or 9% of sales, in the third quarter of 1996. For the first nine months of 1997, sales in Asia were $109.6 million, or 9% of sales, as compared to $83.3 million, or 10% of sales, for the first nine months of 1996.