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

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To: ricktang who wrote (2531)6/8/1996 4:33:00 AM
From: ricktang   of 58324
 
80% hardware margins are possible.

Micron during it's big runnup last year bragged about its' 70% margins on memory. But Micron made an easily substituteable commodity and
met its' day of reckoning when the Korean fabs came into production.

IOMG doesn't face the competition that Micron did, and doesn't make an easily substituteable product.

Why not 80% profit on a zip floppy disk?
Heck even 50% sounds impressive.
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