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


To: Dwight Griffin who wrote (52933)4/17/1998 5:20:00 PM
From: Jock Hutchinson  Read Replies (2) | Respond to of 58324
 
The guys from Motley Fool really are putting the ultimate positive spin on the CC. They wait until the fourteenth paragraph to discuss the little problems of a huge inventory problem and a huge negative cash flow. They put in all kinds of anecdotal positive information before they quickly discussed these enormous problems. OK. so the advertising program is being cut down. Doesen't that mean sales will be cut down? Or was the advertising capaign so goofy, that it didn't raise revenues? If all the bulls want to roar about this "sensational" thirteen percent year over year gain in revenues, then I would assume that the year overr year gain in revenues for the PC industry is also a mere thirteen percent. Not quite folks. it's higher. Thus IOM is losing its marketshare over the past year as opposed to gaining market share. And Sony with its very cheap SEA labor hasn't even arrived yet. In my first post here, I challenge S Bateh's assertion that he would have to tough it out for eighteen months until the stock tripled to 24. Does anyone on this thread seriously believe that IOM will triple in the next sixteen months?