Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Rocky Reid who wrote (57297)	7/18/1998 1:26:00 AM
From: august first	Read Replies (3) \| Respond to of 58324

Rocky, I wonder what's inside your head. You say that it took 114% in installed zip base to generate a 44% increase in zip disk sales. Get it man!, it can mean that people who bought zip drives early on are coming back for more disks, therefore it can be argued that disks sales growth can continue at a healthy rate as older zip drive owners come back for more zip diskies. Meantime more zip drives are going out the door to keep this going. Get it man! you convoluted logic makes you look like you have zero investment skills, think QGLY<g> You hate iomega because you lost money on it but that is your problem not iomega's. Your delusion makes you think that you are a big shot. Remember when you bought at 7+ maybe trying to show off your trading skills. Guess what iomega went down immediately. Moral of the story leave iomega alone, it will eat your life away after it ate your lunch.

To: Rocky Reid who wrote (57297)	7/18/1998 9:53:00 AM
From: Cogito	Respond to of 58324

>>The proper model says that it took a 114% increase in installed base Zip drives to generate a 44% increase in Zip disc unit sales.<< Rocky - I don't think so. What was the total number of disks sold in that year? Was there a greater than 114% increase? Sadly, we don't know. >>July 31.1997 installed Zip drive base was 7 million. Now, it is 15 million. By ignoring this, are you trying to say that the approx. 1.5 Million drives sold in the 2nd Quarter '98 are soley responsible for a 44% growth in Zip disc sales 2ndQ '97 to 2nd Q '98? This is not right, and not a good model for future analysis.<< No, that's not what I am saying. I think my post was perfectly clear, and since the rest of the readers of this thread are already caught up to this point, I see no reason to go over it again. Really, the best thing to come out of this latest conference call is that Iomega finally broke out disk sales numbers from the totals. The analysts have been asking for that for years. I believe this is the first step toward giving the analysts more confidence in their projections, and thus more confidence in IOM. - Allen