Any info about Iomega (IOM)? Message Board

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

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To: sheila rothstein who wrote (56625)	6/19/1998 9:32:00 PM
From: Alan Rosen	Read Replies (1) of 58324

Sheila, Unfortunately I think that the bleeding will continue. If the stock holds above 5 next week I would consider that a "victory". Waiting to see how clik! plays out is all that keeps me here. The Zip story was over when KE was booted...that was his vehicle to play his "marketing game" and he came up short. I think what really killed it was bigger hard drives, the lack of new "killler software" and the move to lower cost machines...there haven't been any compelling reasons to upgrade most systems for 18 mos. Don't be fooled by the techies, it wasn't backward compatibility that killed Zip, the demand simply did not materialize according to the "game plan". archcc

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