Any info about Iomega (IOM)? Message Board

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

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To: Rocky Reid who wrote (48005)	2/16/1998 9:48:00 PM
From: Cogito	Read Replies (2) of 58324

>>The real worry isn't little Nomai, but a bigger player like Syquest who could start spitting out Zip clone discs in much larger numbers than little Nomai.<< Rocky - SyQuest is not really a big player. Their revenues are less than a tenth of Iomega's. They are concentrating all their resources on trying to build enough SparQ drives to stay afloat. It's their first true hit product in years, and the company is riding on its success. SyQuest isn't even talking about Quest now, but instead says that they will concentrate on SparQ. The machines used to make Zip disks are very expensive, and not available widely. SyQuest can't afford one, and couldn't get it if they wanted it. Now before you say that Zip is Iomega's only hit product and their whole company is riding on it, let me say it for you. It's basically true. (I would submit that Jaz has done very well, in selling more than a million units. That Jaz unit total is far greater than that of any SyQuest product ever.) The big difference is that Zip is already well established in the marketplace, and Iomega can already produce enough drives to satisfy the million-unit-per-month demand. - Allen

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