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


To: Brendan2012 who wrote (56812)6/24/1998 5:48:00 PM
From: Rocky Reid  Respond to of 58324
 
>>Why do you think they'll lose more in Q3? <<

One word:
Rebates.

All of the Zips right now are being sold with a $20 rebate. Those rebates have to be paid by next Quarter. Also, with the product mix ever increasing to OEM's disc sales should continue to erode. And discs seem to be the only source of profit these days.