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

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To: Bill Fischofer who wrote (24504)6/6/1997 12:49:00 AM
From: w sun   of 58324
 
These high-end projectors are in a very small market. They sell for about $5k. With Zip, they cost even more. If the product can capture 10% of the market, Infocus may sell 7k unit per quarter (very optimisitic, I think.) IOM sells more than 1M zips per quarter. So it is not significant. The good news is publicity and wide spread of use and acceptance.

The real battle is still in 1.44MB replacement/supplement. This is a more than annual 80M units market. Syquest may already miss and lost this one. But LS-120 camp hasn't conceded defeat yet. They are feverishly working on OEM deals too. The next few months will be very interesting to observe: 1) if LS-120 get OEM deals; 2) how fast can IOM reach 7M,8M,... sales. So far IOM team has done an almost perfect job in orchestrate the show, at least on the business side, if not in investor relation.

May we live in an interesting time! --wsun
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