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Non-Tech : Any info about Iomega (IOM)?
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To: Ockham who wrote (42940)1/9/1998 3:16:00 PM
From: David S.   of 58324
 
Ockham, I am glad you agree with my post, and I agree with
your belief that the transition will be to Zips and to CDs
and to Internet, etc. as alternate ways to store, transfer,
and back-up larger files or even systems. But that doesn't
mean the market for Zips is smaller than the current market
for floppies because the entire market for PCs with or
without floppies or Zips is growing exponentially such that
the installed base of Zip drives could exceed the current
installed base of floppies even if Zip inclusion and add-ons
remains below 20%. It is only a matter of time before
the number of individuals and families with PCs exceeds
the current installed base of VCRs or color TVs. If current
Zip drives sales just continue to expand at the same rate
for 1 more year we will quickly pass 50 M drives and that
should mean roughly half a billion Zip disks in the next
2 plus years. That becomes an exploding cash cow.

Regards, David S.
Long on Intel and Iomega
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