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

To: Kevin Linder who wrote (50449)	3/17/1998 3:26:00 PM
From: Bill Lin	Respond to of 58324

i think what is spooking a lot of people is why iomega is reporting revenue $180 million below the previous quarter even WITH the addition of BUZ, jaz 2 and disk sales. obviously the slowdown in PC sales is impacting Iomega. But also the demographics of PC sales is also. for example, 60% of all pc's sold are to former pc users. If they transfer their zip drive from one case to another, then a majority of zip owners will not buy another zip. i doubt the market for zips is saturated in the US, but i think that the run rate in the US definitely is showing negative growth, because the upgrade cycle will not include new zips for replacement boxes. BL