Any info about Iomega (IOM)? Message Board

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Non-Tech : Any info about Iomega (IOM)?

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To: Kangming Xu who wrote (1661)	5/13/1996 11:19:00 PM
From: Young D.T. Nguyen	of 58324

Kangming, Thanks for the tip. That MacWeek article may have some to do with IOMG 's rise today. I fully expect Syquest to file Chapter 11 soon, there is no other options for them to take - plus all the lawsuits. It will be interesting to see what Compag will do with their LS120. I think Compag 's management is very good and will quickly cut their losses on LS120 development and throw in the tower by year end or even earlier. Otherwise the LS120 will just face a slow death like Syquest 's EZ-135. Compag 's heart is in the computer business, not the drive/disk business. If consumers stop buying their PCs because of no Zip or Jaz available, I think they will drop the LS120 in a heart beat. It will be interesting to see how things develop. So far everything turned out just the way I anticipated.

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