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

To: Ken Pomaranski who wrote (569)7/16/1998 4:31:00 PM
From: Linda Pearson  Read Replies (1) | Respond to of 10072
 
detnews.com:80/1998/cyberia/9807/16/07160106.htm



To: Ken Pomaranski who wrote (569)7/16/1998 4:44:00 PM
From: Jim Welsh  Read Replies (3) | Respond to of 10072
 
Ken,

Can you (or someone else) explain the difference between "cash" vs. "cash flow"? The press release says that Iomega has $68 million cash, but is $41 million cash flow negative (or thereabouts). Is this like having $1000 in my checking account, but debts of $1500? Unless someone is calling in all my debt today, I should be able to get by until next payday. Thus what is the big deal about being cash flow negative?

Thanks,

Jim Welsh



To: Ken Pomaranski who wrote (569)7/17/1998 4:35:00 PM
From: D.J.Smyth  Read Replies (2) | Respond to of 10072
 
Ken <<The worst thing is that Iomega is rapidly becoming even MORE of a
one product company. No, not the ZIP drives, but the DISKS. >>

Actually, IOM is both a product and a by-product company.

the product: Zips

the by product: Rocky's BullS.

(ps, you may want to look at Nomai's patent info; interesting other products in the works)


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