Any info about Iomega (IOM)? Message Board

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

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To: emil who wrote (9397)	10/19/1996 12:42:00 AM
From: Cogito	of 58324

Emil, thanks for re-posting the Sony tape story. This confirms something that I thought I heard during the conference call, but wasn't sure I heard right. The 2GB Ditto drive, sold by Iomega and Sony, uses a proprietary tape format. When I first saw the announcements about it, I just assumed it was another Travan unit. This is significant because Iomega is steadily increasing market share in tape drives (up 16% in sales from last quarter). So if this drive uses a proprietary tape, then it's another razors and blades product, not just a commodity. The 2GB capacity seems to be a pretty good spot to hit, especially given the price. Chances are these drives and tapes will contribute significantly to the bottom line over time. - Allen

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