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

To: s. bateh who wrote (52513)	4/15/1998 12:48:00 AM
From: Herb Fuller	Respond to of 58324

s.batch , Re:>>>they went through 4800 10pks. today alone!!!! <<< s.batch , Ingram is 14% of Iomega's sales and they sold 4,800 10 packs of Zip disks that is 48,000 disks . 48,000/14 * 100 = 342,857 This , if all of Iomega's customers did an equal percentage , would extrapolate out to a total of 342,857 Zip disks today . If Iomega sold the disks for $5 that would be a $1,714,285 day for Zip disks alone . Or that would at the rate some $428,000,000 a year if they could maintain this rate of sales . It is no wonder that you are bullish on Iom . It's no wonder that Sony and others are looking at this business . Herb