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

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To: Rocky Reid who wrote (17064)2/25/1997 5:09:00 PM
From: Tony M.   of 58324
 
Rocky, if IOM doesn't come out with a counter to the 1.5 SyJet, it could be ugly for Jaz sales since the SyJet costs the same amount of money....This Jaz vs Syjet has gotten extremely interesting and a backlog in orders for Syquest is a good sign.... Anyhow, I've been watching syquest stock movements and volume is huge since the announcement...although the price movements are insignificant as of yet...I haven't decided whether to get involved at the moment in either IOM or Syqt. since it all depends on IOM right now....If Syquest can show the SyJet sells, (and IOM doesn't counter), SYQT could easily get out of the penny basement...IF IOM counters with something even better and perhaps at the same price (soon...It can't allow Syqt. to gain on Jaz's market share), The analyst who said syqt would go out of buisness by year's end could be right...(Syqt's death would def. be a plus to IOM's price)....Will be watching this very carefully

Regards,
Tony M.
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