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


To: Zakrosian who wrote (54762)5/15/1998 10:06:00 AM
From: Brent D. Beal  Respond to of 58324
 
R&D Expenses:

I swear this thread has turned into Rocky's little forum--I'm not so sure that a paid schmuck can't at least muddy the water a little for a stock that is so internet driven--at any rate (Rocky don't bother responding) here my question:

Last year IOM spent nearly $100 million on R&D--where did this money go?
I assume they must have come up with a new product or two besides just improving the Jaz and n-hand, so what new products are they going to come out with and why haven 't we heard anything. . .

They haven't announced a new product in six months--that's about $50 million in R&D spending, so I hope they're just keeping quiet about it and that they haven't just come up empty handed. . .