Any info about Iomega (IOM)? Message Board

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

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To: Linda Pearson who wrote (34907)	11/9/1997 9:40:00 PM
From: Gary Wisdom	Read Replies (2) of 58324

IBM introduces new 16 GB hard drive . . . Excerpted from tomorrow's WSJ: International Business Machines Corp. is unveiling a personal-computer disk drive that uses a new technique to store up to eight times more information than currently available in an average desktop computer. IBM's new 16.8-gigabyte drive comes just two weeks after rival Quantum Corp. unveiled its Bigfoot hard disk drive, which, at 12 gigabytes, was touted as the industry leader. However, IBM's product is a 3.5-inch-diameter drive while Quantum's new drive is 5.25 inches across. IBM's new 16.8-gigabyte drive, which the company will display next week in Las Vegas at the Comdex computer trade show, can hold up to eight hours of full-motion video. By contrast, the average hard drive capacity last year was 1.2 gigabytes, up from an average of just 200 megabytes in 1993. IBM set the list price for a 16.8-gigabyte drive at $895. Last month, Quantum, Milpitas, Calif., said the list price for its 12-gigabyte Bigfoot drive was $399.

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