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

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To: Linda Pearson who wrote (44113)1/20/1998 11:47:00 PM
From: Naggrachi  Read Replies (2) of 58324
 
Thanks for providing the link to the article Linda, it was appreciated. I think pulling back the Jaz2 was a GREAT idea on IOM's part. It would have been nice to see the new drive generate revenue in the 4th Q, however, a black eye if quality issue rose rapidly as a result of rushing the product. Besides, the Q was strong enough as it is, so it didn't hurt that much, if at all.

I definately think that along with quality improvments, IOM will lower the price on the drive. And based on the hiring ads that IOM is advertising, a new MR drive to compete with the Quest drive is in the works. Just a gut feeling.

Bet you were happy with WLA today. That is assuming that you never sold your postion. I never checked why it went up so much, I saw the quote on the ticker on CNBC.

Zead
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