LS-120 The New Standard Floppy Message Board

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Non-Tech : LS-120 The New Standard Floppy

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To: DeCoda who wrote (16)	9/11/1996 1:00:00 AM
From: Jay Riddle	of 39

>>The LS120's technology is too expensive? How did you determinethat? During a stop on the investor road show in early '96, Edwards passed around the read/write mechanism for the Zip to everybody in the meeting. Then, he passed around the much bigger, more complex, more expensive read/write mechanism for the LS-120 (which Iomega developed and discarded). Edwards didn't even have to say anything, all doubts about Zip beating the LS-120 based on profit margins were quashed. >What else can he say? ("The LS120 was redesigned enough to lower the cost and it will tough for Iomega to compete with it") I am not saying that it is better than the zip or not, but really what else do you expect him to say? If that was the case, that's what I would expect Edwards to say. Iomega's management doesn't bullsh*t their investors one removable storage company in particular. Since I began watching the company, they've been nothing but conservative, honest, and up front with every statement they've made.

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