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

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To: Paul R. Drahota who wrote (2626)6/8/1996 1:29:00 PM
From: Zoltan!   of 58324
 
Yes, Investor's Business Daily is superlative, although I'm sure it will suffer some abuse when Fort Iomega digests the 6/10/96 article, "Why More PC Owners Soon May Record Their Own CD's".

The lead article in the "Computers & Tech" section, citing striking advances in technology, sales and rapidly declining prices, promotes recordable CD technology as the successor to the floppy noting that the big players seem to be betting on CD-R, CD-E and DVD.

- ''There are 30 million readers out there, so -next to the floppy disk - this is the closest thing we have to a universal medium,'' said Joe Gersch, a product marketing manager at Hewlett-Packard Co.'s memory systems unit in Loveland, Colo.

At the end of the article Iomega is recognized and brushed off as a serious competitor to this technology in the consumer marketplace.

Regards
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