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


To: Reseller who wrote (49113)3/1/1998 8:43:00 PM
From: Gary Wisdom  Read Replies (2) | Respond to of 58324
 
Re: Fidelity's "purchase"

This story is old.

The information is from PRIOR to Black Thursday.

In addition, it's very possible that one Fidelity fund just transferred those 15MM shares to another prior to year end.

Sorry to rain on the parade, but there's no news here.



To: Reseller who wrote (49113)3/1/1998 9:37:00 PM
From: Senthil Sankarappan  Read Replies (2) | Respond to of 58324
 
Reseller,
Could you educate me in this retail shipment area.

1) Say, you order a ton of product from IOM. Do you have the right to send them back if you think you are not able to sell as much as you thought? or it is your problem to clear the inventory by putting big sale.

2) What will you do in terms of returns? If the product is defective then I guess u will send to IOM and ask them to fix. But if the products are returned for other reasons like "changed mind" or not satisfied blah. blah..., could you still return them to IOM?

3) IOM sez they count 4 weeks of retail inventory in their revenue. Does this mean that they can just pump in Buz, jaz2 and laptop zip in March and claim them in Q1 no matter if retailers sell or not?
If this is the true, then IOM's manufacturing power can make this Qtr a record Qtr, right?

4) If they can only count 4 weeks of inventory in revenue, why is IOM keen on keeping upto 6 weeks inventory? isn't it tying up cash?

Thanks in advance for your reply
-senthil