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

To: Cogito who wrote (34374)	11/3/1997 10:26:00 PM
From: Roger Nelson	Read Replies (3) \| Respond to of 58324

I think SYQT just hates IOM for taking their market over. They want to make IOM pay...so they make 3-4 announcements everytime they do anything. They try to injure IOM's stock price and I think they have accomplished this several times with their announcements. Now their new drive's/disk price is quite cheap (in relation to IOM current prices). In a year it will be in line, but they are trying to force IOM to cut their margin right now. It will hurt IOM more than it helps SYQT, but I do not think they care. IOM will still make lots and lots of money, and SYQT will increase their market share without profits. Which one do you want to invest in? I once worked for a company who had poor marketing. They fought for market share rather than $'s. All their corporate measurements were rated off market share. They were surprised to realize that they never gained market share when they dropped their prices, because their product was considered inferior just because it was less expensive. Before long they did not earn enough profits to keep good product designs and their product did become inferior. I think SYQT will follow this route... In the meantime, IOM will build customer base and lock in the zip and launch the n-hand. Roger