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

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To: Rodney B. Hill who wrote (3908)7/1/1996 6:49:00 PM
From: Jay Rommel   of 58324
 
PMFJM, Rodney

I am new at this forum... IOMG going down 2 points today
got my attention! I am interested in this company for a few
of reason:

1) We have thousands of Field Service Engineers and Sales people
who will be purhasing zip drives for their notebooks.
It's a lot cheaper than buying/upgrading to a bigger drive.

2) Having told you #1, I know there are thousands if not millions
of remote users out there who are also in the same position
we are and are thinking about buying/upgrading their hard drives.

3) What a brand name "ZIP DRIVE." The market has pretty much
determined that IOMG is the 800 lb Gorilla and therefore, all the
other copycats will have a hard time knocking this company out.
(Look @ MSFT Explorer vs Netscape Navigator) The same thing is happening with IOMG VS Syquest, etc., etc.

4) I view the rebate strategy as positive since Syquest will not be
able to match this offer. (e.g. Philip Morris used this strategy when they lowered the price on the Marlboro brand to gain market share a couple of years ago)

So, to make this short, I'M BUYING the ZIP drives and I'M BUYING
the stock.

BTW, are there any Schwab customers out here who utilizes E-Schwab?
They just lowered their price.
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