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


To: Cogito who wrote (50334)3/16/1998 11:39:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
I wouldn't hold IOM going into earnings season. IOM very well may warn of more Q losses going forward.



To: Cogito who wrote (50334)3/16/1998 11:47:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 58324
 
I think what's really hurting IOM is the delay in Jaz2. This hurt them in Q4 and this Q, as well. Not only are they missing out on revenue, but this is preventing them from reducing the Zip to $99. They can't reduce the price of Zip untill they can get another source of revenue to make up for the price reductions.

Zead

I remember the whole ctrx saga, I still kick my self for not buying at the bottom. However, I wasn't fully aware of the whole story and to me it looked like another company taking a good beating. I sure I'm glad you didn't sell.