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

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To: James who wrote (25803)6/24/1997 7:06:00 PM
From: Bill Fischofer   of 58324
 
Re: Imation Warning

From the newsclip: "The Company cited weaker than expected demand for several lower- capacity data storage products -- including the low end Travan(tm) minicartridges -- resulting in lower gross margins than previously planned. "

Nice of them to single out Travan as a whipping boy (competing against Iomega/Sony Ditto technology must be hard) but isn't the LS-120 one of those "lower capacity data storage products" too? Perhaps that would be a tad too painful to admit just yet.
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