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

To: Rocky Reid who wrote (57288)	7/17/1998 6:58:00 PM
From: Ken Pomaranski	Read Replies (4) \| Respond to of 58324

<< According to the Conference Call, OEM Zip drive sales have a negative Gross Margin - They are sold at a loss. >> Another one of my assumptions proven true. Like I said, this is a floppy company. Now you know why they bought Naomi. Without the disks, they are bankrupt. If the market ever saturates for these items (I know it will, but I'm not sure of the timing), you can kiss your shares goodbye.. kp PS: for the person who said their Mom has 70 disks, that's obviously an aberation. Why would any user in their right mind throw away $700? Common sense says that a user buys a few, then stop buying. I have 10 myself, and don't see myself EVER needing more. I think I'm more typical of the average user.