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

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To: stock bull who wrote (52092)4/7/1998 3:21:00 PM
From: Rocky Reid  Read Replies (2) of 58324
 
>>Yes, Sony can lay an egg, but they also have the resources to put the egg "back together". (With the exception of the Beta VCR.) <<

One important reason that Sony's CONSUMER Beta machines failed is that hardly any movies were distributed on them. The same can be said for Zip. There is practically NO software distribution WHATSOEVER on Zip. It's all CD, CD-R, or AOL's incessant 1.44MB floppies.

With no distribution, there is no immediate need for Zip inclusion in the average computer. There is immediate need for a CD-Rom and 1.44 floppy- if nothing else than for software distribution.

However, as I repeatedly state over and over again every time this subject is brought up, Sony has scored a home run in the professional field with the Beta format. Chances are, anytime you see a pre-recorded TV show, you are watching a feed off a Beta SP tape.Expensive Beta SP machines (and now digi-Beta) are everywhere in the professional world, and the profit margins on these machines are obscene.

What Sony fails with in the consumer realm, very often can find a home in the professional world. (despite the Minidisc American Market fiasco) Iomega and its investors should be very worried.
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