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To: Gottfried who wrote (5905)	1/15/1999 5:09:00 PM
From: D.J.Smyth	Read Replies (2) of 10072

Gottfried; re Gilmore's article - how old is this fellow? For a business writer his statements sound immature: <<Some companies give me a queasy feeling. Iomega is one of them.>> What is a 'queasy feeling'? When it comes to evaluating the financials of a company, it's either promising or no. I don't think Iomega murdered anyone lately. Jack the Ripper is Queasy. <<The company said the drive resulted from its ''in-hand'' technology, announced the year before in another burst of noise.>> 'Burst of noise'? Iomega is allowed, occassionally, to market a product. <<This shabby bit of hypesmanship came to mind this week after Iomega scavenged the carcass of a one-time rival in the removable-storage business, Fremont-based SyQuest Inc.>> ... <<and beyond my opinion that SyQuest had better technology than Iomega. The other reason is considerably more subjective.>> 'Scavenged the carcass'? Immature. IOM is allowed to purchase any company they want, including Syquest. Syquest principals agreed to the purchase. His real opinion is that Syquest had better tech. <<The Clik drive hype is just one example.>> Good grief. <<Last month, Iomega paid a record-setting fine of $900,000 to the Federal Trade Commission after charges that it ''failed to provide refunds or promised merchandise to consumers,''>>. He's picking what to print. What the FTC states is that IOM failed to provide refunds "in a timely manner". Creative journalism on his part. <<When a French company made disks compatible with the Zip drive, Iomega didn't compete the old-fashioned way. It competed the way the tech industry does all too often: Iomega sued to keep out the competition, and eventually bought control of the French outfit.>> Radio free Europe comes to mind. <<but you get the idea.>> Yes. He needs an outlet for uncommon anger. <<I expect I'll migrate away from my SyJet drive>>. There's the rub. He owns a Syjet drive. "It is rarely the fastest horse that wins the race", so said Solomon. Syquest may have been better technology than the Zip. Iomega now owns Sqyest technology.

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