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Non-Tech : Any info about Iomega (IOM)?
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To: s. bateh who wrote (39008)12/9/1997 9:03:00 AM
From: Tom Gebing  Read Replies (1) of 58324
 
Here is the IBD info from another posting;

Investor's Business Daily - Companies in the News (12/09/97)ÿ
ÿÿÿÿ ''Clik takes us out of the PC market, which broadens our technology base,'' said Iomega's CFO, Leonard Purkis.ÿ
ÿÿÿÿ The company's removable hard drives and disks, Zip and Jaz, have solved many data storage problems for PC users. Its installed base includes 12 million Zip- and 1 million Jaz-drive users. Products are sold to consumers in stores and to computer makers.....ÿ

<<ÿÿÿÿ Iomega hopes for the same results with its new portable disk drive. ''Potentially Clik can be bigger than Zip,'' said Stan Corker of Emerald Research.>>ÿ

<<Clik's drive is tiny enough to fit in a wallet. Its disk is no bigger than a folded credit card but holds 40 megabytes of data. This is 30 times the space on a floppy disk. Shipments of Clik should begin in mid-1998.>>ÿ

<<ÿÿ Syquest unveiled SparQ, a one gigabyte drive similar to Jaz costing only $199 last month. But it may have arrived too late. ''Professional users will pay the higher price for Jaz. It has very quickly become the de facto standard in the professional market,'' Corker said.>>ÿ

<<ÿÿ The company has also redesigned the Zip disk to prevent future cloning attempts.>>ÿ
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