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

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To: Scott Maxwell who wrote (2060)5/27/1996 1:20:00 AM
From: Jimmy Parks   of 58324
 
Scott Maxwell, I know what a Bernoulli drive is!!! I also know what a magneto optical, worm, syquest, drive is as well. Just because an investor doesn't know that Iomega used to produce Bernoulli boxes does not mean that zip drive has not captured the removables market for media less than 500 megs. Retailers can't keep enough zips on their shelves. Based upon product pricing, excellent assumptions can be made about profit margins and product availability. Syquest is dead. There is no competition for Iomega at this time or within the next 6 months. People who never would have considered purchasing a removable drive are now and have been purchasing them. Despite any Wall Street hype, Iomega is worth the current price and at least $30 more per share.
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