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

To: Jock Hutchinson who wrote (52843)	4/17/1998 1:04:00 AM
From: RetiredNow	Read Replies (1) \| Respond to of 58324

O.K. That's last call. Here are four more lucky contestants for the "Bright Bastard" award. I will post the winner and his/her reward at the close tomorrow, so keep your eyes peeled! mindmeld $6 Gary Wisdom 7.5 Robert Read 7.5625 Michael M 7.5 Sheila R 7.25 Zebedee Wright Jr 7 Rocky Read 6.75 Linda Pearson 7.0625 Alan Rosen 7.1875 Trufflette 6.25 Ira Springel 6.375 Nick 8.0625 Reseller 7.75 ----------- Consensus Estimate IOM close 4/17/98 $7.096 ===========

To: Jock Hutchinson who wrote (52843)	4/17/1998 1:10:00 AM
From: Herb Fuller	Read Replies (3) \| Respond to of 58324

Jock , Re:>> Why is this sick company worth anything more than one and one half times sales, which would put it well below five dollars?<< Your above statement is not correct . Iomega was selling for 1.2 times earnings as of the end of 97 . With the sales going up the price / sales ratio would be about 1 times sales at this point in time . exchange2000.com Looks like a good buy to me . Herb

To: Jock Hutchinson who wrote (52843)	4/17/1998 1:12:00 AM
From: HardMoney	Read Replies (1) \| Respond to of 58324

>>>>>>>>>Why is this sick company worth anything more than one and one half times sales, which would put it well below five dollars?<<<<< Uhhhhhhhhhh........excuse me "Jock" But assuming a 13% Sales increase for the rest of the year (very unlikely as it is) that would leave us with ANNUAL revenue of 2 Billion dollars X 1.5 (your price to sales ratio)= $3 billion / 265,000,000 Shares= $11.32 Maybe you were using quarterly figures........use see we with a cerebral cortex use the ANNUAL sales numbers.. Have a pleasant evening, Frank

To: Jock Hutchinson who wrote (52843)	4/17/1998 1:31:00 AM
From: Reseller	Respond to of 58324

re: you as a reseller should know just how sick a company IOM WERE GOING TO HAVE A SALE and that's OK with me. At this point I'm not so hung up on margin as I am about getting the drives to a point of unanimity. As a current retailer of more than one industry I have sacrificed margin for market share. ( it works, volume goes up ) The mindset of computer users to Zip as the standard drive is job one. To date as much vapor ware as can be manufactured has been thrown against Zip and Zip is the winner. I believe that Zip has a better than 50,50 chance of becoming the replacement for the 1.44 floppy drive. I've been waiting for this point for a long time, I guess those easy bucks of a full blown retail price were too hard for K.E. to give up. Not me I would have done it 6 months ago. Regards Reseller