SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The New Iomega '2000' Discussion Group
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rocky Reid who wrote (848)6/20/1999 1:19:00 AM
From: Cogito  Read Replies (1) of 5023
 
All -

Contrary to what some people seem to believe, an Iomega CD-RW will not be the company's first commodity-type product.

The Ditto line mostly consisted of QIC tape drives. QIC tape drives were made by many different companies. Iomega got out of that business because the consumer tape market was drying up. However, Ditto drives maintained a healthy market share for the past several years.

There is more competition in the CD-RW business, but that doesn't mean that Iomega can't pick up a healthy share of that market.

I don't get why anyone would say that CD-RW drive margins will be thin compared with Jaz. Iomega has said that Jaz has been losing money. That would tend not to support the assumption that Jaz margins were all that great.

BTW, I notice that some people are assuming that the plug is being pulled on the entire Jaz line based on some posts made on The Fool board. I haven't seen an announcement to that effect yet, so I'm not buying it. I think it's more likely that they'll kill Jaz, but keep making Jaz2.

I don't know if Iomega will ever make money again, and I am certainly not recommending the stock or trying to put a positive spin on the current situation.

But I abhor the bone-picking atmosphere that tends to come over this board at times like this.

- Allen
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News