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


To: Rocky Reid who wrote (52913)4/17/1998 2:40:00 PM
From: Chris Sterner  Read Replies (2) | Respond to of 58324
 
Wow, Rocky. A whopping $9 million from Microsoft? What is up with that anyway? I keeping thinking that Microsoft is a software company and they keep sticking their nose into hardware...

Didn't Microsoft come out some time back saying they were also in full support of the Clik! device? Hmm, they didn't give any money to Iomega though. Strange, eh? I know your infallibility can never be called into question, but I have to wonder if maybe Microsoft would be just as happy to support Clik! in its hand held software...

Good luck Rocky, and don't forget your prozac. I here Sheila may be able to get you a cut rate.

Chris



To: Rocky Reid who wrote (52913)4/17/1998 3:25:00 PM
From: SCOTT  Read Replies (1) | Respond to of 58324
 
Rocky said: <The demand-pull strategy will do nothing about costs. What it will do is lower margins since this strategy depends on lowering sales prices.>

I have not had the chance to listen to the CC yet, but if the demand pull system that is being referred to is somewhat like the Just-in-Time inventory system, Rocky you are badly mistaken. The demand pull system will greatly reduce costs and improve quality.

Some of the major benefits of this system are 1)reduced warehouse/storage cost 2)lower investment tied up in inventory 3) reduction in risk of obsolescence of inventories 4) reductions in costs of waste and spoilage as a result of improved quality.

In this system a few high quality suppliers are used, and required to deliver frequent, small quanity's of high quality raw material when needed to IOM. This will allow IOM to free up cash for other activities since they no longer must order huge bulk quantities of inventory. As a result, storage and handling cost are greatly reduced. Another advantage of having small order quantities of inventory is that fact that if there are any defects in the materials they will be found quickly and can be taken care of instead of sitting in a warehouse for months before they are found as it is with large quantities.

When this system is run smoothly and efficiently, many benefits may be derived, the greatest I feel is the reduction of lead time. Less defects, reduced inventory cost, and faster lead times = incresed revenues.

Sorry I could not explain in greater details, gotta run.

Any Comments.



To: Rocky Reid who wrote (52913)4/17/1998 3:29:00 PM
From: Hunter Vann  Respond to of 58324
 
On an extremely serious note Rocky, have you ever considered researching and evaluating other investment alternatives? Do you realize that you only post to this thread? Do you realize how many other investments are out there? Has it crossed your mind that if you researched your other investments(YHHO(short), AOL(short), QGLY(long), etc..etc..) as much as you did Iomega, you might not be in the pickle you're in today? SeRiOuSlY The strange and inordinate amount of time you spend on here is puzzling. Is the sound production business that slow? Since you're in the business and apparently need the extra work, maybe you should apply for some part-time disc jockey work; proms, school dances, Skate-A-Thons, birthday parties, etc..etc..Hell, make a little cash will all this spare time you have on your hands.

I think if you did the math and counted up your vast amount of posts over the past year, your fascination and obsession with Iomega just isn't paying off. Matter of fact, I'd say you're working for pennies on the hour. You've acknowledged that you've shorted Iomega, once @ $7 1/8 and once @ $ 7 1/4. I'm not sure, but I thought I remember reading it was for a couple hundred shares. However, I'm unable to comprehend someone taking such a small position, so I'll give you the benefit of the doubt and say you shorted 500. As you're well aware, your amount of possible losses are infinite. Your amount of maximum profit potential would be $7 bucks. --(If Iomega somehow managed to go broke and file Chpt. 11) -- Your risk/reward evaluation doesn't make much sense. But hey, neither does the YHOO & AOL short.

See Rock, when evaluating certain stocks, you have to look at more things than price and earnings. There are other variables you have to factor in and consider when figuring price. YHOO & AOL should have taught you this a long..long..long time ago.

I knew a guy just like you in highschool.