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

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To: CASEY who wrote (21604)5/2/1997 12:55:00 PM
From: D.J.Smyth   of 58324
 
Casey, since N-hand is a non-digital product with a cost of .05 per megabyte, while the average digital product is $15 to $20 per megabyte with costs expected to drop to $5 per megabyte by 1999, I would see this as an advantage to IOM. The "rest of world" that has never used film would also be a potential market for IOM, for those that use computers or have access to such. It would be much more cost effective for, say, a third world entrepreneur who wants to establish a photo processing plant for consumers to start off with buying a computer using special Kodak ink and paper to print pictures for an installation cost under $10,000 that utilizes pictures taken from an N-hand camera, than spend $75,000 to $200,000 on film developing equipment. Given the lack of capital in third world countries to model the "American" model, a less expensive method is required. This is why mobile telephones proliferate in the third world as opposed to optically/fiber linked telephones.

Fisher doesn't work for IOM the last time I check either.
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