Any info about Iomega (IOM)? Message Board

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

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To: KM who wrote (39802)	12/14/1997 3:24:00 PM
From: d-fndr	Read Replies (1) of 58324

Trufflette: The only thing I can figure at this point is that people are asking for/willing to pay for Iomega stuff at higher prices. The CompUSA flyer in today's Jacksonville, FL paper had the external Jaz at $399 and the regular old Zip at $149 with an "instant rebate" of $20; next to it was an ad for a $199 SuperDisk that w/ $30 "price break" and $70 "mrf. mail-in rebate" brought the price down to $99. Computer City had the SuperDisk for $199 minus the $70 rebate for $129. No ads in either for SyQuest product(s). It would seem to me that if retailers needed to lower the price to clear out Zips and Jaz, they'd be doing it by now. My theory is that demand is, for now, keeping the retail price up. It certainly seems that when it comes to technology, if something's in oversupply, the price tumbles--witness 486 chips when Pentium introduced and disk drives now (which, by the way, you and Cramer have called really well. Hope you followed your advice on the sector and shorted!!!) d-fndr

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