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


To: Frank Drumond who wrote (42590)1/6/1998 4:51:00 PM
From: Rocky Reid  Read Replies (4) | Respond to of 58324
 
>> At a million a month I don't think that more OEMs can be signed up given last published capacity was about 13 million drives a year.<<

And nary a peep from MCI or other Zip manufacturers either. It kind of makes you wonder if Iomega has decided to limit production capacity to only as much as they can sell within a certain amount of time.

IOM Earnings will take a tumble 1st Q -- even worse than last year. This is a stock that is trading at a premium of P/E 37. IOM's stock performance after 4th Q Earnings this month should prove to be very disheartening. I will have bailed way before.



To: Frank Drumond who wrote (42590)1/6/1998 6:10:00 PM
From: Dale Stempson  Respond to of 58324
 
Re: Iomega drive capacity

My nitpick correction (not 13M): Per KE during the last CC, the annualized capacity for Zip drives is 14M and for Jaz 2M.

Regards - Dale



To: Frank Drumond who wrote (42590)1/6/1998 9:57:00 PM
From: DR. IOMEGA  Read Replies (13) | Respond to of 58324
 
<<Question for Dr. IOMEGA>>
<<<How is Iomega doing on mfg capacity? My concern at this point is that Zip sales
are limited by mfg. At a million a month I don't think that more OEMs can be
signed up given last published capacity was about 13 million drives a year.>>>>

One) OEM boxes (sku's) are approximatly 150,with more on the way. Two)Capacity is above 14 million now, with increases in the works.

Now I have a request for you.If you could have some questions answered at the conference call, what would they be? Please submit some questions to this board.