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Non-Tech : Any info about Iomega (IOM)?
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To: Ockham who wrote (42745)1/7/1998 6:39:00 PM
From: Cogito  Read Replies (1) of 58324
 
>>The Zip drive is not the standard. If it were, it would already be included in most new pc's, and Iomega would be a cash cow instead of a high-growth, high-risk startup.

In fact there will never again be a "The Standard."<<

Ockham -

I agree with much of what you say. I have maintained all along that Iomega will not, and doesn't need to replace the floppy with Zip. Several different things have already replaced most of the floppy's functions. However, since floppy drives still have some utility, and because they are dirt cheap, we should continue to see them included in PCs for many years to come.

Meanwhile, Zip sales continue to roll along, floppy or no floppy.

One point I have to quibble about, though, is the idea that Iomega is a "startup." They've been in business for more than 10 years, and they're bringing in well over a billion a year in revenues at good margins. Hardly a mere "startup."

- Allen
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