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

To: Rocky Reid who wrote (3840)	11/11/1998 10:56:00 AM
From: Jock Hutchinson	Read Replies (1) \| Respond to of 10072

Gillette does not sell their razors at a loss. I should know. I just paid $7 for the new Mach 3 razor outfit. Includes 2 blades. The Mach 3 actually includes three blades Knucklehead. Dat's three da number after two, which is da number after one. That why it's called the Mach 3 as opposed to the Mach 2. Actually, Gillette is currently selling the Mach 3 at a huge loss if one counts their R&D and pre-release promotion, which together totaled over two billion dollars. Gillette was able to do this because they executed on their razor blade strategy to the extent that they could afford to sell their razors at a loss to the OEM of the beards--i.e. the customer. This is precisely what Iomega has begun to do with considerable success. I am genuinely surprised that you shave Elaine LaRockazelli. Would have thought by now that the waxing and electrolysis would have done the trick. Might I suggest estrogen supplements. Could be a way to spend the big time bucks you are making on your sophisticated spread.

To: Rocky Reid who wrote (3840)	11/11/1998 4:27:00 PM
From: Linda Pearson	Read Replies (2) \| Respond to of 10072

<Gillette does not sell their razors at a loss. I should know. I just paid $7 for the new Mach 3 razor outfit. Includes 2 blades. I highly recommend it (cheezy TV ads notwithstanding). Very smooth shave, with 2 lubricating strips above and below the 3 steel blades. > Oh, my...you grow facial hair?!?!?!?!??!

To: Rocky Reid who wrote (3840)	11/11/1998 5:33:00 PM
From: HRP	Respond to of 10072

Statement from Iomega: "We have publicly stated on several occasions that for the last two quarters we have sold the OEM version of our Zip drive for a slight negative gross margin. However, when you look at the drive and the subsequent disk sales together, our foray into the OEM market is a profitable venture." My challenge to Rocky: >>Now, if you want to exhibit some integrity, you'll provide balance by citing the second sentence whenever you cite the first.<< And now Rocky's response with my interlaced commentary: << The sentence you wish for me to add to my posts is just a lame excuse and PR Spin offered up by Iomega and some Bulls here. >> Your statement is merely your own spin and contains no information relevant to an investment decision. << Facts are facts. And the fact is, Iomega sells its OEM Zip drives at a loss. Plain and simple. No asterisks. No excuses. No qualifications. >> Knowlingly citing only the first part of Iomega's statement presents a one sided picture and discredits all of your posts. <<I am not about to add Iomega PR Spin into my posts. Just look at Syquest. They were selling SparQ drives at a loss, but if tie rates with discs were high enough, they would have made a profit too. No excuses.>> And, therefore, what? <<Gillette does not sell their razors at a loss. I should know. I just paid $7 for the new Mach 3 razor outfit. Includes 2 blades. I highly recommend it (cheezy TV ads notwithstanding). Very smooth shave, with 2 lubricating strips above and below the 3 steel blades. *I do not own Gillette stock.>> Again, so what? <<It seems to me that Iomega's "Gillette Razor Blade strategy" is failing. >> You have not provided a single bit of evidence relevant to your opinion. The real questions is whether Iomega's statement is true. If yes, then consider then whether Iomega would be better having none of these OEM Zip sales or, say, ten times as many. I'll take the ten times with the ongoing disk sales and market penetration denied to any competitor. You can take the none. hrp