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

To: Rocky Reid who wrote (7895)	3/3/1999 12:16:00 PM
From: Frank Drumond	Read Replies (1) \| Respond to of 10072

>About 500,000 SparQ units were sold the first 7 months of 1998 < Yes, I admit to buying one and it was used for some very light testing. Probably less than 40 hours of actual use on it. Failed hard....bad noises came out of it when trying to mount a cartridge and would hang the machine. Complete junk. You get what you pay for. I've got over 20 Zip drives never a failure. One bad disk out of 150 Zip disks.

To: Rocky Reid who wrote (7895)	3/3/1999 6:11:00 PM
From: Cogito	Respond to of 10072

Rocky - Re: Losing money on Jaz I think we are talking about two different things. When you said that SparQ caused Iomega to lose money on Jaz sales, I inferred that you were saying that Iomega's Jaz profit margins were negative. This was not the case. I believe that what you are actually saying is that users who might have bought Jaz bought SparQ instead, and thus Iomega lost sales revenue. I'm sure that's true. I do see that I was off base on the unit sales ratio, too. I hadn't had my second cup of coffee yet. I don't think Jaz unit sales were really ten times SparQ's. I know Iomega's revenues were roughly 10 times SyQuest's, and I misspoke myself. By the way, when I was checking some figures, I noticed that despite having much lower revenues, SyQuest was able to lose MORE money in the first six months of 98 than Iomega did. Iomega had losses of 58.5 million, vs. 74.2 million for SyQuest. What I want to know is, how much cheaper could Orb be to make? - Allen