Any info about Iomega (IOM)? Message Board

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

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To: Reseller who wrote (52964)	4/17/1998 11:58:00 PM
From: Herb Fuller	Read Replies (2) of 58324

Reseller , Re:>>> new low-price ( Low Cost ?) storage drive <<< This news came after the market closed today . The question that I have is : It is my understanding that Iomega has been working on developing a single chip for the Zip Drive that will take the place of a number of chips and reduce the cost considerably . Could this be the reason for todays news announcement ? They are saying that it is a new low price drive . If this is the case we will see Iom go up Monday on the news . =================================================================== Iomega banks on new Zip drive By Stephanie Miles Staff Writer, CNET NEWS.COM April 17, 1998, 1:00 p.m. PT Iomega will announce a new low-price storage drive Monday for the retail market, hoping to capitalize on the low-cost PC craze and move past recent setbacks involving some of its older products. ===================================================================== Herb

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