Any info about Iomega (IOM)? Message Board

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

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To: Naggrachi who wrote (37425)	11/25/1997 4:58:00 PM
From: AreWeThereYet	Read Replies (1) of 58324

RE: Sony and TEAC ON TOPIC > I'm really surprised how so many people are taking the Sony drive so lightly. probably because the failure of LS120 which is backed by 3M, Compaq, Mitsushita (they are not small potatoes in the industry.) HiFD's spec looks promising because it is much faster than zip, twice the capacity and backward compatible with 1.44MB and comparable or better reliablity. If it is priced properly (check my previous post 207.183.153.206 it will kill Zip 100MB easily. The 10M installed base is not a problem at all when all new PC makers (Compaq, Dell, GW2k) sell each PC with a HiFD instead of 1.44FD. In addition with the pressure from SyQuest SparQ. This is very certain that the profit margin of IOM will lower. For IOM to continue enjoy the previous high profit, IOM must 1) release a new Zip which offer at least twice the capcity and backward compatible to Zip 100. Also must price it agressively. This is pretty hard due to the limitation of floppy media. 2) ready to fight back SyQuest SparQ. If SparQ selling good (it should be), SyQuest's financial problem will be ease somewhat and have more ingots to compete with IOM. 3) continue on other innovative marketing idea like Clik. 4) make a New year wish that HiFD will fail <g> > I still don't understand why the stock split. No idea. None of my business since I do not own any share of Iomega, SyQuest, Sony... Good Luck aC

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