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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Hayden who wrote (238)	6/29/1998 1:21:00 PM
From: Bill Lin	Read Replies (1) \| Respond to of 10072

Jeff, If Nomai could do it, then Teac could do it. If you think that Wall Street was worried about the loss of IP, then do you think Walls Street will worry that every copy cat will be a take over target for IOM? Poor perception of IOM has to do with poor sales of zip plus, jaz and jaz2. That and lousy material puchasing control and excess SGA. 700 people layoff is not enough, unfortunately. $85mm in factory capacity last year $25mm in expensive Silicon Valley property this year. $21mm tender offer to a company with book of $8mm $3mm purchase of technology All this points to a continual cash drain. Sorry, I'm so negative. I can't think of the positive side, or maybe don't agree with the thesis of the positive side. I hope I am wrong. I think the positive stuff that IOM is doing is the continual reduction in pricing of the ATAPI zip drives and the OEM arrangements. I don't like diversification away from zip right now. Maybe I'm too single minded here. I like clik!, but only think OEM camera with clik! will make it successful. Similarly , I'd like to see software distributed in zip format. So, In that trend, I'd give Autodesk about 3 million disks for $1 over manufacturing costs. I think Wall Street would have a more positive perception of IOM if Autocad came on zip disks rather than CDROM. BL