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

To: Herb Fuller who wrote (9226)	4/18/1999 10:27:00 PM
From: sheila rothstein	Read Replies (1) \| Respond to of 10072

Herb, Clik sales are going to surprise everyone. I think when Glore said 10% of revenue I believe that as he's a pretty conservative man.SR

To: Herb Fuller who wrote (9226)	4/18/1999 11:29:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 10072

RE: Flop! 10% sales -LOL! >>Show us your source for your negative view above .<< The source? Let's take a look at Flop! sales last Quarter... only $5 Million. Iomega earnings were $386 Million. Flop! sales were less than 1.3% of earnings. There was plenty of Flop! stock on store shelves. It's not as if there was or is a stampede on stores that is limiting the supply of Flop! drives and disks. And the sales this past quarter were to the very core buyers that would buy Flop!--the tech-heads and Iomega Investors. There is no need for this product outside of these cliques. This should have been a very strong Quarter for Flop! It wasn't. I assert that Flop! sales will only help make up for the elimination of Ditto Revenue. This is the ONLY way that Flop! can achieve 10%. I have been right on about CD-RW killing Jaz. I have been right on about OEM Zip margins killing Iomega. And IOM stock sits at $5 when Iomaniacs were predicting at least $15 by now back in January. (Some Iomainacs were certain $20-$30 would be realized by now). How unfortuante. Flop! can only achieve 10% or so of Earnings by the continued degradation and importance of Jaz2 and the lopping off of Ditto and its $80 Million in annual Revenue. Flop! sales will never be the savior that most Iomaniacs hope for. This is what is being glossed over so badly by recent Iomaniac postings--that Ditto and its revenue will be GONE and Jaz2 is headed for the trash heap as well. Of course, common sense says this leaves Flop! open to gain sales percentage towards total IOM Revenue. But it doesn't mean that it will actually gain much in $$$ sales. This is the latest misleading ommision of fact that Iomaniacs are now trying to use in order to manipulate the stock price up. IOM is fairly valued at $3.60.