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Non-Tech : Any info about Iomega (IOM)?
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To: Dale Stempson who wrote (44236)1/21/1998 7:42:00 PM
From: Ken Pomaranski  Read Replies (3) of 58324
 
We actually violently agree.

If you look at what it takes for a product to obsolete an existing
technology product, you'll note it must be BOTH faster and cheaper.
(If the technology is a 'luxury', like ZIPs. A PC will operate
without a ZIP)

Examples: CDs replaced albums (costs $.08 to press vs. several bucks!)
Modems
PCs, etc..

Floppies WILL BE around until something cheaper can replace it.
Same with ZIPs. The HIFD drive has the 'potential' to replace both,
IF THE COST is low enough to OEMs. It is fast enough, and has all
the functionality.

Here's the risk: If the price comes in low, ZIP is gone. If it's
high, ZIP will stay and HiFD will disappear. Also, Sony is not
going out of business tomorrow (like Syquest) so don't try to
make comparisons there.

It's that simple, and easy to determine when to sell or buy more
shares.

kp

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