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Non-Tech : Any info about Iomega (IOM)?
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To: fut_trade who wrote (24967)6/11/1997 10:06:00 PM
From: Steve Wiz   of 58324
 
ALL:

Clearly the bias continues on this stock. Iomega is slowly proving to Wall Street that they are a *One Product* wonder. They can not execute product development on new products. Do the participants on this board realize that the first shipment date was supposed to be the First quarter. We are now approaching the 3Q and laptop Zips are *Not in Production*. It is also clear that Iomega's N.hand is to expensive to be incorporated in most digital cameras, with Intel lowering prices on flash and SanDisk notching over 11 OEM agreements. After much research it is clear that the 12.7 notebook Zip is becoming almost impossible to build. Iomega is throwing hords of Research and Development dollars at the Notebook Zip problem but they are still far from building a 12.7 Zip that intergrates properly and the motors for the 15 are a headache.

If participants look over the surge in R&D spending over the last couple of quarters it is accelerating at a pace that depicts a company throwing money at product development problems.

The Participants on this board can ridicule my observations and assumptions but I have one question for you "WHERE IS THE NOTEBOOK ZIP (15"). You will be waiting a very long time for the 12.7mm.

I am wondering what the effect will be when Wall Street finds out that N.hand was a marketing gimmick to staunch a sliding stock price.

One positive from a possible N.hand product failure and problems with the Notebook Zips is that Iomega might be forced to seek a buyer.

The Divergence between reality and perception grows

Good to talk

Steve
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