Any info about Iomega (IOM)? Message Board

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

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To: Eric Bowen who wrote (32152)	10/15/1997 5:26:00 PM
From: Rocky Reid	of 58324

>>Sony Corp. and Fuji Photo Film Co. announced Tuesday a new 3.5-inch, 200MB floppy disk system that analysts say could challenge Iomega Corp.'s Zip Drive.<< Syquest's SparQ 1 Gig drive at the $199 price point is turning out to be a genius move. The low end 100MB end is gonna get truly brutal. The carnage that a war between a giant like Sony and a large mid-cap like Iomega can cause is gonna be intense. Syquest comes out smelling like a rose with a product that offers 10 times the storage with better speed at a price that competes directly with Zip Plus. The Zip Plus is already becoming obsolete even before it's rollout. Sony has the power to ship every one of it's computers with a new Sony 100MB drive built-in. They also have the power to make it somehow directly compatible with various other electronic devices they produce. The carnage in IOM share price could happen anytime now. JUst wait till the Street really starts to analyze this new Sony info.

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