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

To: FuzzFace who wrote (44588)	1/22/1998 7:45:00 PM
From: Brendan2012	Respond to of 58324

>>Gary, I am usually more in agreement with the pain/gain adage when I'm not actually feeling the pain. Right now it looks like 'gain' served me with divorce papers, and 'pain' just parked its 50-foot RV on my driveway and hooked up the utilities.<< LOL Pain really is making a house call and it looks like it'll be living here for a while. Brendan

To: FuzzFace who wrote (44588)	1/22/1998 7:45:00 PM
From: Rocky Reid	Read Replies (2) \| Respond to of 58324

This thread is so polite in the face of bad news. Check this thread out for the exact opposite: messages.yahoo.com@m2.yahoo.com There are also people there listening Real/Time to the conference call, and are not happy with what they hear. They think KE is bull****ing them and avoiding analyst questions.

To: FuzzFace who wrote (44588)	1/22/1998 7:54:00 PM
From: Cogito	Respond to of 58324

All - On the train coming home from work, I thought deeply. I was thinking that this might be a good time to think about learning opportunities. Two things I have learned (so far) today: Just because someone says something over and over, that doesn't make it true. This statement also applies when it's more one person saying something. And it doesn't just apply to Rocky. We all, or nearly all, thought that earnings would be .15 at a minimum, and we were all wrong. It's never a good idea to believe something someone says, just because it's what you want to hear, even though you know nothing about the speaker's credentials. - Allen

To: FuzzFace who wrote (44588)	1/22/1998 10:05:00 PM
From: Lurker	Read Replies (2) \| Respond to of 58324

notes from cc call: double unit volume majority of growth was in oem oem = 34% in Q4 lower tie rates - will market in 1998. zip q4 62% > q3 12 million zips problems: q4 asian sales half of what planned product delays : jaz2, ditto max, buzz missed 70M revenue jaz2 and buzz will ship this quarter. (zip) current 15mm to 12.7 mm will sell for 99 when appropriate (ditto) ditto-max pro for 299 up to 10G (jaz2) ex=699 and int=549 will only decrease price when needed due to competition. Want to make lots of money. (clik) no commitments. will sell in 2q for evaluation. sell publicly in 2nd half. american 23% growth dissapointing. oem strong, but retail sales weak. missed products caused missed sales. turning up marketing in 1q: 1. superbowl-pregame, 4q, and postgame 2. 15x advertising than 1q-1997. 3. 100M in adds in america 4. funding - increase fda, decreased headcount, decreased price decreases - possibility less income in quarter. disk piracy: independent lab - damage to heads noumai cannot sell in uk and usa new noumai disks still damage heads uk new hearing in feb germany - 1 of 3 distributers can sell france - noumai can sell old cartridge which they abandoned syq trial in jan 1999. settled us suits about rebates and customer service. scott hired for operational excellance initiative lots of talk about who will do what in upper mngt. overall ke pleased with q4 and 1997 oem 11x 1996 lynn and financial details: europe most of growth oem zip = 34% of sales 1998 growth high 20s to low 30s zip capacity = 20M and jaz = 3M in 1998 questions: ---------- jp morgan - missed revenue 50M in asia and 70M in no products what about competition? talked about backlogs. competition had little effect r&d only 24M in q4 not reduced due to less revenue cliff from hd: jaz1 inventory increased due to jaz2 delay tv in q1 - cost in q1 tom at ??????: why > inventory in zip disks fewer sales wasn't expected. advertising 100M in america most important = # of zips emerald: capacities? now = 20M for year for zip licensees 2q 200,000/month, year end = 500,00/month asia < 10% and little growth expected this year. ???????: penetration rate in 1998? 6-8M oem drives by iomega sub-1000 pc's? expect pc's < $500 expect these to buy aftermarket drives with saved money more profit in non oem emerald: better to charge less than pay for superbowl adds? people need to know why they need a zip yes, will help competitor sales won't tell us legal bills clik? lead time to build in a camera? (a year) will concentrate on aftermarket drive. will ship prototypes this qtr. greenfield technology group: tie ratio target? more than now oem ratio is lower advertising will try to sell disks. 4q jaz tie ratios steady compared to 9 month average more deals like micron? no. bently capital: why no price cuts in stead of advertising. want to educate public. 99 by end of year. too many mass market users don't understand removable storage. emerald: jaz2 ship in q1? high price? very confident. competition and price? they sell and we make money. ken from hd bruce: erosion of sell-through in america? no. rate of sales increase decreased. this questioner confused. ?????: licensee can pursue oem deals? yes. jaz media drives source. still looking. ???????: inventory in channel? have 8-9 week. want 6-8 week. over 4 weeks - put in reserved(deferred) revenue. answerer sounds like cliff from cheers. cost reduction in components due to more volume? yes. little more until further levels of integration. cliff josephy: what new people doing? advertising. oem will get 12.7 drives Call lasts 80 minutes. 1-800-446-4927