>>You can never have to much storage. In the next couple years you will have camcorders equiped with recordable cd-rom drives. Two hours takes about 4.6GB of storage. That 100mb is looking pretty puny.<<
Maybe, although the CD format is too bulky for most camcorders these days. Camcorders will probably continue using tape, such as the new format, DV. This format is already in use by Sony and Panasonic, the tapes are 1 hour long, they are physically smaller but a little thicker than DAT tapes. The picture captured by them is better than Hi-8 (formerly highest quality consumer models), but less than Beta SP (standard newscrew-type cameras). The audio is 44.1k, 16 bit stereo (the same as Audio CD). These camcorders are Around $3000 to $4000 right now.
Anyway, 100MB IS looking pretty puny which is why Syjet, CD-Rewrite, DVD-Rewrite, M-Optical, and the new Imation 20 Gig technology, just to name a few, will hack into Iomega's sales. The landscape will be getting VERY crowded real soon. The point is, Iomega will not be experiencing the geometric growth it has enjoyed the past 2 years. Therefore, looking for the share price to explode in a short squeezed orgasmic fury is not likely to happen. To hang all of one's hopes on this occuring, and convincing others to blindly follow is just pure folly.
The IOM share price will continue it's descent (except for next sucker rally) because of the crowded field that lies ahead. |
