Any info about Iomega (IOM)? Message Board

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

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To: Franco Forghieri who wrote ()	5/29/1997 3:59:00 AM
From: relentless	of 58324

Price to high? Are you kidding? Of course it's too high. 33 times it's earnings. Iomega has got to sell a lot, I mean, a lot of Jazz drives. Right now the price of the Jazz Drive, you can buy a CD-R. If you ask me, I would rather buy a CD-R. Why? CD-R blank disks only cost 5 dollars for 650 megs. So, 2 CD-R. 10 bucks equals 1.3 gig. Over the Jazz drive already. You may argue CD-R doesn't re-write. So what, at 5 bucks a piece you can afford to make a mistake, it's not like you can't write the rest of the disk. How much are the Jazz disk? 100 bucks a piece. With that price, I can buy 20*650 megs. 130 gigabye of storage. What would you rather have? You can argue portablity. Portablity. What's more portable than a CD? Speed. Heck, if I wanted speed I'd go buy a Hard Drive. They're RPM'S are a lot faster. Seek time is a lot better as well. If you own IOMEGA. Trust me, dump the shares. It's not worth it. It's going to take a dump in the long run.

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