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


To: Spank who wrote (42762)1/7/1998 7:25:00 PM
From: Frank Drumond  Read Replies (1) | Respond to of 58324
 
>DR IOMEGA (CC), how about "At what percent of manufacturing capacity is Iomega operating?"<

I've got to believe that they're maxed out...



To: Spank who wrote (42762)1/7/1998 7:36:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 58324
 
The million a month number (as far as I know) has never been confirmed by Iomega. Estimates have been made based on their current 14MM capacity, CC comments and past "million units sold" press releases. The timing of press releases coupled with the process of how Iomega tracks and reports Zip unit sales allows for quite a range of estimates IMO.

While some might have assumed the million per month rate as fact, I have not. Confirmation of this is important in my book. BTW, I'm serious about buying more IOM. I had maxed out my position buying at 28, 26 and 24, but would gladly exchange some of my other holdings if it has been confirmed we're at a million per month since November. These numbers were not in my model.

Regards - Dale