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

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To: jwk who wrote (40285)12/17/1997 11:26:00 AM
From: Bearded One  Read Replies (1) of 58324
 
jwk-- Perhaps Rocky has been wrong, but so have most of the longs on this thread. I've been following this stock for a long time, and the consensus used to be that Iomega was going to replace the floppy disk by now.

Iomega has done neither what the longs nor shorts predicted. The competition didn't get off the ground, but Iomega didn't get more than a small percentage of the floppy drive market, either. So it's been meandering between 20 and 30 for a year. Well, if you don't win in time, you lose. In my view, Iomega is going to lose.

Oh, the above carries the implicit assumption that Clik! will be a failure. Let me make that explicit: Clik! is as much vaporware as the HiFD, so if you consider the one to be a non-starter, you should consider the other to be a non-starter as well. Flash memory prices are going down fast.
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