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

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To: Jimmy Parks who wrote (3979)7/2/1996 3:39:00 PM
From: Young D.T. Nguyen   of 58324
 
Jimmy,

You are correct. I meant to say the EZFlyer vs. Zip and LS120, not the
Syjet. Have you got the specs and est. price for the Syjet? Haven't
heard anything about the EZflyer recently, either.

Because of Syquest 's financial position, I don't think they will be able to
position themselves to capture a big chunk of the 1Gig removable-media
market. They certainly can not afford another price war with IOMG, this
time between Syjet and Jaz, and their CEO has said so. I think they will
concentrate on niche publishing market and build-up market share slowly
with decent margin, instead of getting into an all out price war with IOMG.

But IOMG may decide to initiate another price war with Syjet after all.
If that happens, I don't think Syquest will be around very long. considering
their cash position. Some analysts have said that at best, the $20 mils
Syquest recently got will last only thru 9/96. That does not give them
much time to establish and grow market for the Syjet.
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