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Technology Stocks : WDC/Sandisk Corporation

WDC 163.26

+3.5%

12:59 PM EST

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To: Jason Rooks who wrote (21108)	11/4/2001 9:35:16 PM
From: Ausdauer	Read Replies (2) of 60323

What happens when a technology becomes outdated? Ask IOM about it... siliconinvestor.com This company's product revenues peaked in late 1999 at about the same that inexpensive CD-RW drives were starting to become mainstream. Now they (IOM) are highly dependent on Zip drives and disks which are losing market share to less expensive alternatives. In September the company had a 1-for-5 reverse stock split. I noticed that Pocket Zip revenues are down to about $2 million per quarter. IOM was killed by CD-RW with 650MB diskettes selling for less than 50¢ and CD-RW drives becoming standard fair on new PC purchases. Despite all the hoopla, Clik! drives never made a dent in CompactFlash sales and I never saw a single camera at retail that featured Clik! as an alternative to CF or SM. In the end IOM gave in. It branded its own CF cards. Can you believe it? iomega.com Aus

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