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Non-Tech : Any info about Iomega (IOM)?
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To: Stan J. Czernel who wrote (24749)6/8/1997 10:34:00 AM
From: Fred Fahmy   of 58324
 
*** OFF TOPIC ***

Stan,

<as the premier tech company (HP)....>

I would hardly refer to HP as the premier technology company. Are you aware that although the Laserjet has been their bread and butter, they don't even have any in-house laser printer technology? They have built their name selling printers which they purchase from Canon. They don't even know how to make a laser cartridge let alone a laser printer. To their credit they do, however, have homegrown inkjet technology. IMO HP is an excellent company but personally I consider Intel the premier tech company. I would place HP in the top 10.

As for Iomega....IO's excellent future prospects should be painfully obvious to all non-rockheads who follow this industry in any capacity at all. With 6 million installed ZIP's, they have already become the new standard to replace the 3.5". Some keep arguing whether ZIP will become the new standard.....hello....hello....wake up, it already is. ZIP is backed by every key box maker and is already recognized in the industry as the standard. That's why every Kinko's in the country installed a ZIP drive recently. So that they would be compatable with what users were using to store and move data. Any future challenge to ZIP will have to be compatible with ZIP. That's one of the reasons (among dozens of others) that LS120 was doomed from the start, i.e. it wasn't compatable with ZIP, the new standard. Who cares if it is compatable with some old standard. Heck, it might as well be compatable with 5.25" disks also.

JAZ also has wide acceptance and IO's management team has an excellent track record. They publicly outlined a strategy a couple years ago and have executed that strategy brilliantly. One can argue that they disagree with the strategy, but no one can argue that they have not delivered on what they have said thus far. KE and co. must be given high marks.

Good luck,

FF
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