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

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To: Bill Fischofer who wrote (30014)9/13/1997 1:10:00 PM
From: Dave Krishna   of 58324
 
Bill,

Found this 1996 Nomai annual report (in English)
After reading through it, it becomes very apparent how
desperate this company is to latch onto a new standard market.
They really do not have anything (product wise) that will carry
them forward. It even mentions how the demand for syquest
compatible products has significantly declined in early 1997.
Also, it seems they make a large percentage of their sales
shipping to the U.S., so unless they are prepared for a big
legal battle here in the U.S. they can forget about the big sales
in the U.S. market. They have nothing to lose, but it doesn't
seem like they have the finances for this kind of battle.
What do you think ?

nomai.com

Regards,

Dave
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