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

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To: Trakker who wrote (7872)9/27/1996 12:57:00 PM
From: Christopher Charles Milas   of 58324
 
I agree with your analysis completely in regards to "ZIP across America". This will help build brand recognition, but I feel that by the time most of these students reach a point where they would actually buy a ZIP drive, the ZIP will already be obsoleted.

This is a point which I have been thinking about for quite some time. There's only one real problem looming on the horizon for IOMG, and that's IOMG's lack of new products. The ZIP, JAZZ, and DITTO have already been on the market for quite some time. With the incredibly fast pace that the computer industry is progressing, I can see IOMG's products being obsolete before 2000. In addition, I haven't heard about any new products other than the 200 & 400 ZIP drives, which will just be an intermediate step since the floppies will probably be price scaled accordingly. Unless they can develop another new technology within the next two years, I will not invest in IOMG past Feb. 98'.

I can see a good 4Q in the near future, but after that, my crystal ball remains foggy.

Happy Trading...
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