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Technology Stocks : SYQUEST

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To: Stephen Leung who wrote (5570)2/17/1998 10:00:00 AM
From: Michael Coley   of 7685
 
RE: Quadruple Edged Sword?

>> And what does this do for Jazz [sic] sales? <<

If the battle was over price, I would be more worried about Orb than about SparQ. It's not. Marketing and profitability is the key to success in this (and just about any) business. Iomega has a good handle on both of the key aspect.

>> Don't forget the person who got Syquest in such deep trouble is the president of Orb. <<

I think it's SyQuest who got SyQuest in such deep trouble. I've seen no changes since their CEO was ousted.

>> Tape drives sales are declining which should hurt Iomega's other products. <<

Tape drive sales are declining BECAUSE of Iomega's other products. Just ask anyone else who sells tape drives. Iomega recognized this about a year ago and began moving resources out of Ditto and into Clik.

- Michael Coley
- wwol.com
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