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Non-Tech : Any info about Iomega (IOM)?
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To: Steve Wiz who wrote (43089)1/11/1998 5:05:00 AM
From: Lurker   of 58324
 
Greetings All:

A couple of notes from the Fool Message Boards:

(1) Apparently First Call and Zacks list the earnings announcement as 1/28. However, Iomega Investor Relations says that this date is incorrect. Earnings will be announced after the market closes on 1/22.

(2) A poster said that Iomega haven't been granted their patents in Europe yet. They are still pending. In addition, in Europe, you cannot sue for patent infringement until the patents are actually issued (unlike USA). This is why Iomega didn't (couldn't) sue for patent infringements.

This makes the Noumai issue even less dangerous. It would be very difficult for Noumai to hurt Iomega.

1. Iomega can and will sue Noumai in the USA. This is what is inhibiting the big players from jumping in.

2. Noumai can make, at most, 10 million disks. Iomega Disk sales are expected to increase from 100 to 200 million this year. Worse case scenario means an increase of 100 to 190 million Iomega zip disks and 10 million Noumai zip disks. This is still very, very profitable.

3. Only Iomega and Noumai own machines that can make zip disks. Iomega has a judgement agreement with the manufacturer of these machines (which are also patented) not to sell to anyone besides Iomega w/o Iomega's permission.

4. As a last line of defense Iomega's retroreflector is superior to Noumai's concave mirror. Iomega can move the heads around in various zip drives to make Noumai disks worthless.

Is ANYONE out there still worried about Noumai disks? Hmmm, maybe I should start selling "Noumai disks hurting Iomega" insurance policies (since I would never have to pay off <g>.
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