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


To: Ken Pomaranski who wrote (53847)4/29/1998 2:07:00 PM
From: Chucky  Respond to of 58324
 
"(loss / revenue )is a completely meaningless stat."

Are you serious?

"I can set up shop in my garage, Give a $5 check to 1,000,000 people, charge people $1 for it, and claim I had $1,000,000 in revenues"

So are you saying your company would be just as well off if it were giving out $20 checks to 1,000,000 people and still charging $1 for it? I think you'd have a longer way to go to try and make that profitable.

"When IOMs revenues fall further (and OEM sales take a greater percentage) this loss will grow further."

I thought A LOSS IS A LOSS. And if I'm understanding correctly, I should be hoping IOM sells fewer drives. They would be giving away less money ;o)

Later
Chucky