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

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To: Rational who wrote (50272)3/16/1998 7:50:00 PM
From: Senthil Sankarappan  Read Replies (1) of 58324
 
Sankar,
I remember seeing your profile as a Financial professor in some Univ. So, i think u can answer better to the financial questions. What do you think of the situation in IOM. Just short term problem or is IOM done as many bears say. What do you think IOM can/should do to overcome this market saturation for Zips? Release Zip200? I can digest falling short of one or two cents but a loss is scary. (Also, the flat revenue.)

Simply, what is your short term/long term view of IOM as an investment? esp for the longs who have been hurting recently. If IOM can still replace floppies down the road, i have no problem of holding it for the long term but if the company can't even be profitable, how can people believe that it can replace floppies?

Thanks in advance
-senthil
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