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 (54415)	5/9/1998 11:09:00 PM
From: Rocky Reid	Read Replies (1) of 58324

Iomega's fate is sealed. It is doomed to be an also-ran, a company that exploded way too fast, and based on just one product. This reality is going to hit home this Summer as Castlewood and Sony deliver one-two hits right into Iomega's crotch. The reality of iMac-like computers shipping with no drives at all (save CD/DVD) does not bode well for Iomega's future. Iomega is depending on OEM's to try and expand its presence. The sad fact is, the future looks to be a place where a myriad of storage options will live. The niche will be divided up between CD-R, CD-RW, Orb, HiFi, SparQ, LS-120 Superdisc, Nomai, and many others. This market pressure will eat away at profits as Iomega tries to compete with the cost/MB advantages just about every other medium offers over Zip and Jaz. Indeed, last Winter Iomega may have seen its last profitable quarter for a long, long time.

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