Any info about Iomega (IOM)? Message Board

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

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To: FuzzFace who wrote (31264)	10/6/1997 7:31:00 PM
From: Bill Ulrich	of 58324

Well, I would guess that they get maybe $35 - $50 per 1 Gb Jaz cartridge, and they can purchase 1.3 gb worth of CD-R for $7. The point of Jaz is not to "do what a CD-R does; only better." The point of Jaz is to provide an open-ended, re-writable, exchangeable storage system. The point of CD-R is to provide an inexpensive, permanent archive, test-disc, and software distribution method. I think the PR would be meaningless; and possibly show, in a negative light, that IOM would be foolish enough to consider Jaz as panacea to all computing needs...but perhaps I'm being overly-practical (and it's just an opinion, anyway). The current price slump is no big deal -- I think we'll get a nice earnings surprise, possible cause for celebration with the hanging of many Jaz-o'-lanterns. (.24) -MrB

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