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Non-Tech : Any info about Iomega (IOM)?
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To: Tom Carroll who wrote (48261)2/19/1998 6:22:00 PM
From: Senthil Sankarappan  Read Replies (1) of 58324
 
>>In this one, I'm gambling on David<<

Exactly my feelings also Tom. I think WallSt already gave IOM a fail grade and Sony a A grade for their unreleased product. Not too long ago WallSt was writing off AOL for their competition against MSFT. What WallSt does not understand is that they may be right in established markets but not in emerging markets. IOM is not getting into established market but trying to create market for them and so far all their products have been very successful. Zip and Jaz have become so common now a days that even Apple's MacOS 8.1 will support them in their PC formatted form (source: Apple's Web page). Now, compaq which is supposed to kill Zip is including them in their < $1000 PCs and Sony the future Zip Killer is a heavy promoter of their PCs with Zip built in. I just don't see how anyone can stop IOM when they already have a 3 year lead with over 12 Mil Zips shipped and are getting ready for a mass attack now with 20 Mil Zip manufacturing capacity. These things take time but if you have 90% market share with over 1 Mil shipping per month then i wonder why you are already declared a loser!! Strange things happen in WallSt and I bet WallSt will celebrate IOM when Sony actually ships their product. This could be one more AOL Vs MSFT story. let's wait for few more years.

Oh. BTW, let's not forget that even IOM is not small potatoes. They are (almost) a 2 Bil company and are growing everyday.

Thanks to you all for the wonderful info you share in this thread. I think IOM is at bottom and will reward those who hold it for long term.

-senthil
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