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

To: Rocky Reid who wrote (3608)	11/8/1998 7:28:00 PM
From: j glad	Read Replies (3) \| Respond to of 10072

I have heard that Costco and Circuit City are dropping the zip drive when the current inventory is finished. They have very little inventory left. Please check this with your local stores. I know that Iomega dumped $100 million Inventory last quarter. It probably went to the box makers at a loss. Iomega's Accounts Receivables are up $100 million and the inventory is down about $100 million. Something is wrong. I have shorted the stock. Please do some channel checks at your local Circuit City, CompUSA or Costco.

To: Rocky Reid who wrote (3608)	11/8/1998 8:06:00 PM
From: HRP	Read Replies (2) \| Respond to of 10072

Iomega stated that they incurred a small loss on Zip drive sales in the second quarter. Do you have any evidence that this was true for the third quarter or will be true for the fourth quarter? By evidence I mean information that is subject to logical examination. hrp