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Non-Tech : The New Iomega '2000' Discussion Group

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To: Cogito who wrote (3714)	12/29/1999 3:22:00 PM
From: Naggrachi	Read Replies (2) of 5023

<<Do you mean to suggest that those technologies compete with Zip?>> No! However, on the other hand, they are the dominant leader in what they do and can hardly breakeven, what does that tell you? Nokia, before being the dominant leader in the hand set business and wirless infastructre, use to sell tv's, tires and rubber boots. In the 80's they went through a major transformation and look at where they are today. Now having said that I'm not implying that IOM can replicate that performance. They couldn't pull it off with a dominant position in their sector, they couldn't do it entering a new segment. What I'm implying is that in order for IOM to exist 5, maybe 10 years from now, they must change and become more than just personal storage company. Do you think that Nokia today would have a $200B market cap selling rubber tires and boots? Zea

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