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


To: s. bateh who wrote (8426)3/20/1999 4:09:00 PM
From: Senthil Sankarappan  Respond to of 10072
 
Sandy, though i am not fully comfortable, i feel better with IOM after these recent price cuts. I thought superdisk was gaining momentum but IOM has answered well with these price cuts along with better availability of Zip250. Inventory of Zip250 at Frys seems nice. USB zip at $20 lesser price than USB superdisk sounds like a great strategy. Now i don't see much adds from retailers for superdisks which is a good sign. May be the momentum is shifting back to Zips after these price cuts. There are no earnings warnings yet and the Qtr could be with in the range of IOM's previous prediction since their quiet period started already. I was afraid about an earnings warning around 15th/16th - exactly 4 weeks before the earnings report just like Q2 1997. I hope they show some profit though.

Also, the recent answer from IOM to Herb's Column showed some confidence from the company. Let's wait for the Q1 report on April 15th which will tell the exact story than any of our speculation.

-senthil