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

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To: Kirce Stojanovski who wrote (17063)2/25/1997 2:42:00 PM
From: Rocky Reid   of 58324
 
I think that Iomega board members were tired of the manipulation by the MM in the Nasdaq. However, by moving to the NYSE, they got what they wanted. A steady, stable price. With a PE of about 38, it is still kind of high for a drive company. Most of these companies trade with a PE of around 15-20. What used to be the most exiting stock last year, is now the most boring this year.

As for the products, I hope they counter the 1.5 SyJet not with more capacity, but with greater speed. I want SPEED SPEED SPPED!!! The SyJet's preproduction performance numbers with a 256k cache are roughly comparable to the Jaz's right now. The production SyJet has a 512k cache, which *SHOULD* beat the Jaz. Iomega needs to offer a removable Jaz drive that will scream with SPEED!
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