Any info about Iomega (IOM)? Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sheila rothstein who wrote (51193)	3/25/1998 3:33:00 PM
From: Rocky Reid	Read Replies (3) of 58324

>>Mr.CEO, Could you explain something to me, if removable storage devices are not selling as quickly as was predicted to mom and pop then why is Sony, Castlerock, Oram etc. going into the business?<< To grab a piece of the pie. It doesn't matter if it is a consumer dollar, or a professional one--it's all still green. People who bought Zip a couple of years ago are probably looking for a better, faster, cheaper way to do things. There are already several solutions which are better, faster, and cheaper than what Iomega has to offer. And there is plenty more competition to come to market very soon. This is an important reason for anyone invested long-term in IOM to maybe re-think their investment strategy. >>BTW your inaugural speech was outstanding and I hope you do a better job than your predecessor. SR<< Thank you. But I think I can feel the rug being pulled out from under me as we speak. I think their strategy is to cough up any warm body for the upcoming turkey shoot (Shareholder's meeting). Should be a bloodbath.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next