SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gottfried who wrote (39817)12/14/1997 2:00:00 PM
From: Rocky Reid  Read Replies (3) of 58324
 
>>>Leo and all, re backward compatibility...
Nobody has complained that backward compatibility
to 5 1/4 inch floppies has been lost.<<<

Ahem...for awhile, computers shipped WITH BOTH drives to make sure that compatibility was present. Only when the market was ready (vast majority of users using only 3.5 floppies) were 5.25 drives finally dropped.

Zip is used by about 5% of computer users. This is not indicative of a format that the market is swarming to. Sales are impressive for a low end peripheral, but do not indicate a format that will be "standard."

Iomega has had more than 2 years to try and make Zip standard. With its low installed base percentage and low OEM inclusion, it has failed.

When a CEO such as KE claims "we are now the standard," that has about as much credibility as Bill Gates saying thsat MSN is the standard over AOL. That is, none. CEO's have a vested interest in making their company's position better than it really is. I shouldn't have to explain this concept to any of you. The newswires are full of CEO's claiming this and that. The sad fact is that Zip sales have leveled out. After this 4th Q, the revenue drop will be even more dramatic than last year. The Iomaniacs only saving grace is the often-delayed Vapor! 40MB (hah hah) drive. This little battery drainer reminds me of several past product introdutions. The Edsel and RCA Videodisc come to mind.

Anyhoo, after the price drop next year, I may buy in at a post-split price of $5. Iomega is sure to still be a player in the removable drive market even when Orb and SparQ relegate Jaz to the bargain bins next to LS-120.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News