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


To: Herb Fuller who wrote (8319)3/16/1999 11:19:00 AM
From: Rocky Reid  Read Replies (2) | Respond to of 10072
 
>>In all reality you are right in saying that Iomega's Revenues have not gone anywhere in the last year . But at the same time their product growth in actual numbers have been going up at the rate of 30%+ . <<

But product growth doesn't put food on the table. Money does. And Iomega has been losing money and realizing shrinking money revenues despite unit sales increases. This should tell you something about the commodity nature of Iomega's market. And it should tell you something about the failure of the attempt at a "Razor Blade" model. Iomega has realized that Zip is really a "VCR Tape" model. One uses the same Zip disk over and over again, just like a VCR tape. Hell, I have VHS tapes that are 10 years old. My razor gets dull after 3 or 4 uses and gets thrown away. Iomega failed and will continue to fail in this regard, Forever. To base one's hopes and investment on Iomega's flawed model is unfortunate.

>>It is just a matter of time when Iomega's revenues will catch up and exceed their product growth numbers . <<

This is just pure wishful thinking. It is more likely that revenues will continue their present course, and keep on shrinking.

Inertia.



To: Herb Fuller who wrote (8319)3/16/1999 11:42:00 AM
From: John Solder  Respond to of 10072
 
Resist the temptation and don't encourage him.
I really don't want to hear about his porno tape collection.