Any info about Iomega (IOM)? Message Board

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

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To: Herb Fuller who wrote (56766)	6/23/1998 5:29:00 PM
From: Rocky Reid	Read Replies (5) of 58324

>Iomega is looking long term to when the Zip and clik become the standards in the industry . Then they will control their market and then comes the profits big time .<< You just don't get it. There already is a Standard. Let me clue you in. I just got back from J&R Computer here in NYC. Line of about 15 people waiting to cash out. 3 of these people had CD-R discs in hand. That's right. CD-R. According to published articles, more people are going to buy CD-R/CD-RW drives this next year alone than total Iomega drives sold in history. At J&R, a 10 pack of TDK CD-R's was $24.99 with a $20 rebate. That means $4.99 total or 0.49› per 650MB disc after rebate. It's getting so ridiculous at these prices. We have been doing routine backups of some files on the same 0.49› multisession CD-R for a month now. It's fantastic. Iomega is not losing to Syquest. It's much bigger than that. Iomega is losing to CD-R, CD-RW, DVD-RW, MO, among others, and severely threatened by a couple of upcoming devices from Sony, Teac, Fuji, Castlewood Systems, and Aiwa.

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