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Non-Tech : Any info about Iomega (IOM)?
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To: Teddy who wrote (37750)11/29/1997 9:25:00 AM
From: Kunal Taravade   of 58324
 
I don't think Sony can be dismissed easily. If they
are able to ship this thing in the next 3-6 months,
they may pose a serious threat, especailly if they
use the retail channel to first build a big base, just
like Iomega did. The one thing in Iomega's favor is
that Sony is also a PC manufacturer and other PC manuf.
might be reluctant to give business to a competitor.

However, Barron's is right that Iomega looks like a
pretty fat target right now. I am glad they are splitting
soon, so atleast the stock price/share will give an
"illusion" of being more reasonable, even if the PE
isn't.

Regards,

Kunal
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