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Technology Stocks : SYQUEST

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To: Dale Stempson who wrote (3949)9/22/1997 6:00:00 PM
From: RagTimeBand   of 7685
 
Dale

>>FYI: Iomega today announced the JAZ 2GB:<<

Finally gone from rumor to an announcement eh?

>>Jaz 2GB drives and 2GB disks are expected to be available worldwide through mail order, computer superstores, distributors and resellers in the fourth quarter of 1997 for a minimum advertised price ...<<

When I read that I couldn't help but wonder if IOM will be any more successful at meeting their delivery date than SYQT, MSFT, etc. were.

Then I ran across the following:
>>Special note: Statements concerning the expected availability, features, included software and pricing of the Jaz 2GB drive and 2GB disks and the emergence of Jaz products as industry
standards are forward-looking statements. There are a number of important factors that could cause actual events to differ materially from those indicated by such forward-looking statements, including market acceptance of, and demand for, the Company's Jaz drives and 1GB or 2GB Jaz cartridges, manufacturing, development and distribution issues, product pricing, competition, intellectual property rights and other risks identified in Iomega's prospectus filed in June 1996, its annual report for 1996 on Form 10K, and its most recent quarterly report on Form 10Q filed with the SEC.<<

and knew that all was still well in vapor-ware land. :-)

Regards - Emory
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