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

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To: Naggrachi who wrote (37425)11/26/1997 8:42:00 AM
From: Philip J. Davis  Read Replies (1) of 58324
 
niggerochi,

>>I'm really surprised how so many people are taking the Sony drive so lightly.<<

Who's taking it lightly?

>>it didn't take Gateway 2000 too long to drop the Zip and include the LS120 as optional in some computers.<<

Zip drives are offered as optional on most Gateway systems....yes, internal too. IRQ difficulties have been worked out.

We're all well aware of Sony's pre-eminence in consumer electronics, their deep pockets, etc. but I'll wait on making a judgement as to the threat posed by Sony's drive when I see it for sale and at what price. Think they'll be able to get that Sony drive to $100? It sure is a magical price point.

<<Granted that these are companies the have been around a while and have not succeeded in overthrowing the Zip, but the point is that all these competitors are chipping away at IOM's market share.<<

How do you know this?

>>I still don't understand why the stock split.<<
The stock split is immaterial. It shouldn't matter to investors.

Philip
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