Any info about Iomega (IOM)? Message Board

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

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To: rocky haag who wrote (54282)	5/7/1998 10:05:00 PM
From: Rocky Reid	Read Replies (1) of 58324

1.9 Million shares traded today. That means less than $15 Million. And this company has 262,000,000 shares outstanding. Not good. There is very little interest in this stock. The money has moved elsewhere. IOM's average daily volume continues its steady journey downward. This tired old Zip story is all played out, and will be finally buried when Sony's HiFi rolls out. Zip was a good stop-gap technology while it lasted, but as with every technological device, it must pass on to bigger, better things. Iomega has really dropped the ball on this one by not making Zip floppy-compatible. A new iMac might need a good, fast, flexible, dependable storage solution. Like Sony/Teac/Fuji 200MB HiFi. Floppy compatible 200MB HiFi compatible. And fast fast fast. Everything a brand new iMac owner could want out of removable storage.

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