Any info about Iomega (IOM)? Message Board

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

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To: Gary Wisdom who wrote (34062)	10/30/1997 4:21:00 PM
From: Michael Coley	Read Replies (1) of 58324

RE: SyQuest out of business by December? Gary, >> This company, with $7MM cash, will be out of business by December. Guaranteed. << They've been in worse shape in the past, and have managed to hang on. I think it'll be a slower, more painful (for the SYQT shareholders) death than you're looking for. One thing that I think they have going for them is this: With the Rocket technology, they're no longer competing with Iomega [unless Iomega has something up their sleves]. I've been telling the bulls over on the SYQT thread that getting out of competition with Iomega is the ONLY way they can survive. But they don't get it. They keep touting the next Zip-killer and the next Jaz-killer. - Michael Coley - i1.net

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