KP; looking into whether the "new product" IOM is producing has to do with flash. ya just never know with these things. The Scottish engineers at Nomai must have been working on something (all this time).
Nomai has enlarged their CD-RW offering: nomai.com
noted is that Nomai continues to manufacture Syquest compatible disks (although this is for one earlier EZ version - doubt it would take much to gear Nomai to produce later Syquest version media.
your comment <<Also, you are making the bad assumption that every new product Iomega makes will be incremental to revenues. Fact is, the removable storage market is finite in size, and Iomega already owns 85% of it, and still can barely make money. When they ship products in the same space, all they do is shift revenues from one product to another.>>
they own 85% of the market, but have penetraded 7% of all sold (i.e., 7% of all box units sold will include, generally a zip drive). that leaves 93% left. as for the storage market being finite...weeell, it's infinite actually as far as time is infinite. the more time that passes, the more crap that needs stored, the more space needed to store. if you mean it's finite at any given time; yes, but, the full market hasn't been penetrated. nonetheless, phg is a likeable stock for some of the same reasons IOM is likable (emc and others). |
