Any info about Iomega (IOM)? Message Board

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

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From: wayne colin	5/27/1996 7:57:00 AM
	of 58324

Frank, Your statement Iomega is virtually a one product company is the embodiment of a total lack of understanding of what IOMG is all about. While it is true that the Zip Drive is the king of IOMG's product line at present, prices will drop soon on the Zip drive and Iomega can afford to do this. All Zip drive owners need Zip disks and this is where the real profit margin is. As Cabot newsletter said, <Ever hear of Gillette or Kodak?> Iomega is also about to introduce the 200 Meg Zip Drive, has already introduced and is selling the 1 Gig Jaz drive (aimed at a different market to be sure than the Zip). They are also asleep at the switch in that they maintain a large R&D facility in San Diego but their engineers are just there taking up space and are not working on any new products! Get real! Your lack of basic information is astounding! Iomega can and will support a much higher share price and market cap. You'll see! Regards, Wayne Colin

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