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

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To: Young D.T. Nguyen who wrote (2040)5/26/1996 12:38:00 PM
From:    of 58324
 
You really can't put a tiny company like Avatar in the same catagory as Compaq. Avatar is no threat to iomeqa, but it is too soon to say weather or not the LS-120 will be a threat to Iomeqa. Iomeqa has a huge head start over Compaq, but Apple had a huge head start over Microsoft. As long as Iomeqa continues to bring out new products ahead of the competition (i.e. like Intel), then their dominance will be assured.

BTW, the following is from today's WSJ interactive:

"The amazing, levitating Diana, which may or may not have a big Internet product but definitely is saddled with a drab meat and seafood distributorship, shot up 18 1/2, to 103 1/2, on the week. For the ninth time since late February, the company refused to comment on the inexplicable rise. Iomeqa, one of the most chatted-up companies in cyberspace, also rose sharply on the week but, as noted, fell almost as sharply in the final sessions.

Theories abound on just what cratered the high-flying issue, but one skeptic points to a 'breakthrough' removable disk drive, developed by MKE of Japan, Compaq Computer and Minnesota Mining & Manufacturing, that reportedly will be included in future Compaq PCs. The product, said to be priced competitively with Iomeqa's 100-megabyte drive, in his view could become the new industry standard."
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