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

To: Rocky Reid who wrote (8321)	3/16/1999 11:40:00 AM
From: D.J.Smyth	Respond to of 10072

Lucy <<. 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.>> actually research has shown just the opposite relative to zip use (zips are used twice on average,stored, and new zips purchased to store addtl data - not reused - information, now, like junk, is what Americans are compiling). and given the steady increase (relative to percentage) in the number of zips sold, we're only at the beginning of the learning curve, thus your second argument relative to "razor blades" is false. you're dillusional.

To: Rocky Reid who wrote (8321)	3/16/1999 12:07:00 PM
From: David Colvin	Read Replies (1) \| Respond to of 10072

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. So, just exactly what are you trying to say here? With, by most accounts, an over 80% share of their market segment do you believe that within a year or so Iomega is going to be nearly out of business or bankrupt? If the answer to that question is yes, I guess you believe that Castlewood will "take over" where Iomega left off and will be the dominant force in this market segment within a year or so? If not Castlewood, just who do you belive will be the dominant player in this market segment within a year or two?....and I'm not talking about CD-RW drives, I'm talking about the removeable magnetic storage business. C'mon big boy....put it all out there! Take a shot...I dare you. Give us your predictions of exactly what you believe Iomega's revenues and net profit per share will be for 1999 and the year 2000. Quit pussyfooting around with your daily jabs here....lay it all out here for all of us to see.....once and for all. If you don't do it, as far as I'm concerned you are a big chicken who doesn't have the blls to "take a chance" and let all* of us know just what your true beliefs are....making all of your subsequent posts here just "noise level" silly nonsense and totally useless. By the way Ken P., this goes for you too! Give all of us the benefit of your sage advice and predict Iomega's revenues and net earnings per share for both 1999 and 2000. With that great "model" of yours, you ought to have these numbers down pat now, in spite of the fact that you just posted that apparently you believe jaz was responsible for about $0.09 per share net earnings for Q4 1998! (Prior to earnings, you said that your "model" said that Iomega would have negative earnings of $0.02 per share and the actual earnings were $0.07). Dave