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Non-Tech : The New Iomega '2000' Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Reseller who wrote (1012)	6/24/1999 9:00:00 AM
From: David Colvin	Read Replies (1) \| Respond to of 5023

Reseller, Sitting here still dumfounded at IOM's stock price recovery since early A.M. of June 18, 1999. Not complaining, mind you, I just don't get it!! This has got to be the most baffling, unpredictable stock in the universe, and has been since early 1996. Dave

To: Reseller who wrote (1012)	6/24/1999 11:51:00 AM
From: Dale Stempson	Read Replies (1) \| Respond to of 5023

FWIW: "Castlewood Unveils Mac Version Of ORB Drive" Also Increases Distribution Of Removeable-Cartridge Hard Drives By Joseph F. Kovar New York 7:13 PM EST Wed., June 23, 1999 Castlewood Systems Inc. unveiled Wednesday the Macintosh SCSI version of its 2.2-Gbyte ORB removable hard-disk drive at PC Expo in New York. The company also added Digital Storage Inc., Ingram Micro Inc. and Supercom Inc. to its list of distributors, said Martin Fishman, vice president of worldwide sales and marketing for Pleasanton-based Castlewood. The company already is shipping EIDE internal and parallel port external versions of its drives, and expects to release a SCSI version for the PC next month, Fishman said. USB and FireWire versions also are expected, although Fishman could not give a specific time frame. The ORB drives offer a data-transfer rate of 12.2 Mbytes per second. The list price is $199, regardless of interface. The current ORB drives are based on magnetoresistive technology, commonly used in entry-level hard-disk drives. Castlewood currently is working on a model that will feature giant magnetoresistive (GMR) heads, Fishman said. crn.com Regards - Dale

To: Reseller who wrote (1012)	6/24/1999 1:23:00 PM
From: D.J.Smyth	Respond to of 5023

reseller <<Marc Cohodes, ( part of Rocker Partners Ltd ). is bringing all that's possible, to bare. He's even resorted to making his plea over the net with the Besecker fiasco on v-call>> cohodes even got a spot quote on national public radio this morning which helped account for some of the drop in IOM. soon as that spot aired, IOM dropped. but, he's only one person. IOM still has 25 million zips (according to them they're still selling 1mil a month). two positives were said "clik! and ZipCD will help" and "zip has a large installed base". what a crock of crap

To: Reseller who wrote (1012)	6/24/1999 2:23:00 PM
From: D.J.Smyth	Read Replies (2) \| Respond to of 5023

reseller, another point about cohodes. how many respectable analysts run around making interviews about selling Stocks under $5. none, but him. Iomega stated they'll make a profit in the third and fourth qtrs. not too hard to figure out. they could quit selling the jaz drive altogether and sell only the disks. 60% profit margin immediately. or you cut down on jaz production, clear out inventory, and a similar but smaller effect. although cohodes has stated that Iomega stated that the zip line is shrinking in sales, Iomega didn't say that (this Cohodes' line of reprinted by CBS marketwatch, by Yahoo, etc.). they said they were short parts and couldn't meet the demand that was there and a couple zip lines. it's mainly all about proper management of the assets that are there, while cost effective management of new products. we don't know what affect buying direct over the net will have on IOM's bottom line, but needless to say, it shouldn't be negative. i'm not in love with this company anymore than any other; i don't see where cohodes gets his rocks off on presenting a constant negative outlook.