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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (32830)10/21/1997 11:50:00 AM
From: Rocky Reid  Read Replies (4) | Respond to of 58324
 
>>Rocky, the technical difficulties for n-hand outlined by you
may be real. I can't imagine that all the talent Iomega has
at its disposal is ignorant of them. And that they will
either solve them or abandon the product. I have not heard
of abandonment yet.<<

This is speculation, but Iomega may find themselves in quandry right now. They might be rolling out No.hand at center stage of Comdex in order to drum up business for it, because so far, it has been a major diappointment. If they drop no.hand altogether before it's release, it will impact the share price significantly downward, and management would have to own up to the fact that they poured mucho resources into a failed product. If No.hand IS NOT compatible with Zip, then it is most likely a disastor waiting to happen.

>>Regarding flash: didn't Intel explain their earnings shortfall
by saying the flash business disappointed?<<

What could be happening is a gross overestimation for the demand of such portable storage. Virtually all of these devices, from PDA's to digital cameras come equipped with cables or ports to download data directly into your computer. I know for a fact that every digital camera I've seen comes standard with lousy picture taking quality, and a cable to download those artistic travesties into the computer. Besides, new computers will soon have the "Firewire" cable port standard, where Audio/video data can be moved effortlessly between machines.

So much for No.hand.



To: Gottfried who wrote (32830)10/21/1997 11:50:00 AM
From: Brent D. Beal  Respond to of 58324
 
Rocky, are you going to keep this up during IOM's entire monotonous ascent to it's old highs and beyond? Looking back a year from now, you might be able to justify being a bear to this point, but geez, read last quarter's report. . . Now might be a good time to make the transition, we really haven't moved that far from the lows compared to where IOM will be in a year. Wouldn't it have been nice to be long on Dell 18 months ago? Well here's another chance.