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


To: Naggrachi who wrote (5827)1/13/1999 10:48:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 10072
 
RE: Rocker Comments

>>> ...the OEM channel represents a dead end of low profit margins <<<

While low profit margins are a reality for most OEM suppliers, I certainly do not believe this is a dead end for Iomega. In the last CC, Dan Strong stated, "Gross margin as a percentage of sales should continue to increase in future quarters as cost cutting exceeds price cuts." It is clear to me that management has a plan and expects to deliver improving GMs.

Regards - Dale



To: Naggrachi who wrote (5827)1/14/1999 5:02:00 AM
From: David Colvin  Read Replies (1) | Respond to of 10072
 
When will these guys give it a rest? Isn't there any other stocks these guys can follow? They've been after this company for almost 4 years and still spewing the same crap, whether it's 300mm in sales or 1.7 Billion.

My personal opinion?....revenge, pure and simple! I think they're all still pissed about their bone crushing losses during the spring 1996 run up, when they got the sh*t squeezed out of them costing them a fortune! To some (like David Rocker), I'll bet it's now more than just a case of money.

Like a lot of longs who have probably become more emotionally tied to Iomega than common sense dictates, I suspect a lot of shorters suffer the same affliction....especially when it comes to Iomega.

Dave