Any info about Iomega (IOM)? Message Board

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

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To: Lucas Hsu who wrote (2261)	6/1/1996 1:03:00 PM
From: Ken Marcus	of 58324

ON the Syquest EZFlyer. The jaz will come down to it's price in the future and the zip will come up in speed and capacity. I would not want to be Syquest. According to Dugasarc@aol.com, the upcoming 200 meg zip will most likely be at least 30% faster than the 100 meg zip. In general, what I see as the stock situation is this: good news came out but followed by negative articles. If it had been bad news and good articles that would be much worse. Anyway, I bought Aug 50 calls on Thursday and Friday. In my opinion, when the secondary jitters are behind us, the stock will go up. Also, I expect news at the computer show starting Monday, and others. According to Rich Becks: >><<< The company shipped 1.5 million of the Zip drives so far and could have 8 million delivered by the end of the year, said Rich Becks, a manager at Iomega who signs up PC makers to offer them as standard equipment. >>> I've seen estimates of 1.7 billion based on this information and the tie rate of 20+ for some corporations. The downside: some very good competition might be unveiled. Unlikely with the patent protection and being late; just something to consider. ken Ken

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