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

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To: Sturgeon who wrote (6225)8/19/1996 5:01:00 PM
From: Pete Magsig   of 58324
 
I never bought IOMG because the stock was running amok - I bought
it because I really think that the company has the potential for
a very bright future. I already have friends pressuring me to get
a ZIP drive to make it easier to transfer files between our PCs.
The ZIP drive has the potential to become as ubiquitous as the
floppy - even if it doesn't achieve such mass-market acceptance,
it will make its mark on the way we think of dealing with data
on PCs. I'm already hearing things like, "I stuck <software X>
on a ZIP because I don't use it that often but want quick access
to it." It reminds me of the old days when people used to run
programs off of floppies.

As long as the company's business model makes sense, and their
products continue to impress me, I will hold onto my stock.
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