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Non-Tech : Any info about Iomega (IOM)?
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To: Young D.T. Nguyen who wrote (4131)7/6/1996 11:01:00 AM
From: David L. Hachey   of 58324
 
Young, thanks for the post on IO. I'm not sure that Mr. Greenberg's actions are totally ethical, i.e. shorting a stock and then using his position as newspaper columnist to trash the stock. The Feds take a dim view of this type of stock manipulation.

On another note, I think many people are missing the point about backward compatibility of the Zip (or LS-120) drives with a 1.44 MB floppy. I see three levels of mass storage heirarchy in a PC.

1. The internal hard disk (> 1 GB) for primary storage of programs and data. No debate here.

2. Zip or Jazz drives for off-line storage of data for security purposes, or for transportability of relatively large data
sets. This issue is up for debate.

3. Finally, 1.44 MB floppy disks, are basically for discardable transport of data, i.e. giving out small programs or data
files without worring about retrieving the media.

The debate centers around points 2 and 3. I like the concept of ZIp drives, in fact I plan to order several in the next few days for my labs because our data files are typically too large for a floppy. I don't think twice about giving away data on a 25 cent floppy disks, but I am reluctant to give away $20 bills in the form of Zip disks. This cost argument is even less favorable for Jazz drives. The real benefit of removable mass storage is off-line security of data and transportability of data. Until the cost of the Zip media drops significantly, it won't likely replace floppies. I still remember the days when 3.5" diskettes were about $3 each.
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