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

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To: Jeff Hayden who wrote (1621)5/11/1996 1:22:00 PM
From: Sturgeon   of 58324
 
Jeff, when I said that the zip is a phenom only with techies I
just meant that the general computing public haven't caught on yet.

Your post interests me because you stress the competence of the
management of Iomega. You mention market research, design, marketing.
I won't try to disagree with you on any of that, but I submit
that those things alone don't begin to justify IOMG trading at
50 X equity.

I was under the impression that IOMG was trading at 50 X equity because they have a lock on the industry (a standard). I am very sceptical that Iomega has any kind of lock on this industry in these early days. That is the point I was trying to make.

Thanks for the reply.
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