Any info about Iomega (IOM)? Message Board

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

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To: Glenn D. Rudolph who wrote (31989)	10/14/1997 10:44:00 AM
From: Jeffery E. Forrest	of 58324

RESEARCH ALERT - SyQuest (NASDAQ:SYQT) upgraded Reuters, Monday, October 13, 1997 at 15:13 NEW YORK, Oct 13 (Reuters) - HD Brous & Co Inc said on Monday it raised its rating on shares of SyQuest Technology Inc, which makes removable computer storage products, to a speculative trading buy from neutral. -- Analyst Howard Rosencrans said in a research note that industry sources indicate SyQuest would soon announce a 1.0 gigabyte removable drive at a breakthrough opening price point of $199.95. -- "We believe that the market potential in the removable segment for a 1.0 gigabyte product at this price point is potentially very significant," he said. -- The company would likely position the product as an alternative to Iomega Corp's (NYSE:IOM) "Zip" and "Jaz" drives, the firm said. -- Shares fell 11/32 to 5-11/32. Copyright 1997, Reuters News Service

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