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

To: Ben Antanaitis who wrote (44799)	1/23/1998 8:45:00 AM
From: Cogito	Respond to of 58324

>>Frowning Joe, head shaking knowingly, says "remember IOMega, they recently split 2:1 when they weren't even over 30, well they missed their estimate by two cents and it looks like they are heading down big time today.."<< Ben - I think this view is going to be shared by many on the street, unfortunately. - Allen

To: Ben Antanaitis who wrote (44799)	1/23/1998 8:47:00 AM
From: cellhigh	Read Replies (1) \| Respond to of 58324

even if we survive this ,its dead money for sure.

To: Ben Antanaitis who wrote (44799)	1/23/1998 9:12:00 AM
From: Herb Fuller	Read Replies (1) \| Respond to of 58324

All, Re:>>>Conference call<<< One thing that was said during the conference call that has not been addressed on this thread, unless I missed it, was the statement that Iomega now has a capacity to produce 20 million Zip drives in 1998 . Kim also said that they have exceeded 12 million at this point in time . Looking forward into 1998 , because of the 15 fold advertising blitz in quarter one , I believe that Iomega will have an industry inclusion of Zip drives a number in excess of 30 million . This tripling of drives will not correspond to the tripling of revenues because the unit price will come down . At the same time the profit will go up because of the larger numbers of drives sold. Kim also said that the licencees will , or should be as I am not quite clear on what he said , be ramping up in the 2nd quarter as well . With fast growing companies you can always question things that can influence their growth factors . Competition , quality , market demand,ability for the company to finance the growth etc . IMO Iomega clearly addressed these factors in the conference call last night in the affirmitave . Long IOM , Herb