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


To: DeCoda who wrote (56605)6/19/1998 4:25:00 PM
From: Daniel P. Dwyer  Read Replies (2) | Respond to of 58324
 
The stock came back 3/4 from its low of the day, which occurred in the first half hour of the day. Considering today's market, not a bad performance.

Monday may be another day, but I would not be surprised if today was not followed up by a few announcements of oem deals, which the company should be able to make a lot of hay out of. This will only emphasize the effectiveness of their new model.

Now we all know that the margins are low to non existent in this end of the business, but I would think that the SG&A costs associated with this end of the business are dramatically less than the retail. However, I do not know. Perhaps, someone can enlighten me.

Dan Dwyer