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

To: Teddy who wrote (34891)	11/9/1997 12:18:00 PM
From: David Colvin	Read Replies (1) \| Respond to of 58324

Edward, I used to work for McDonnell Douglas in St. Louis in the engineering Scheduling/Budgeting function. In the late 1980's I was transferred to a very classified project where you couldn't have a computer with a hard drive. They made me remove the 40 MB hard drive from my relatively new 8 MZ IBM AT. They then installed some kind of removable hard drive that they had purchsed from, I believe, some outfit in Kansas City. We had to lock the disks up every night in an approved safe. The removeable disks were extremely fragile...I remember a guy dropping one on his desk (about a two foot drop) right in front of me and lost ALL of his data. Then, because I was a relatively heavy computer user, the IS division showed up with a dual bernoulli drive (around $1,200 at the time) for me to "try out", along with two 20 MB bernoulli disks ($100 each at the time) made by this company called Iomega. Use of the bernoulli drive also required the installation of a separate board internally in the machine. We then booted directly from the bernoulli disks, just like from a hard drive. I absolutely fell in love with the bernoulli drive ( you could "xerox" one disk to another on my dual drive in only 2 1/2 minutes) and it was as fast as the original hard drive. Eventally, everyone that worked with me got a bernoulli drive plus about 200 other people on the project. In the 4 years that I used the drive I filled up 15 disks without EVER any loss of data and never heard of anyone else having a failure. In the spring of 1995 I was reading the Motley Fool on AOL about this new Zip drive from, of all people, IOMEGA. That was all I needed to hear and started buying the stock in June 1995. I have since retired at 55 from McDonnell Douglas because of my Iomega profits and, like you, believe that in their own niche Iomega WILL become another Intel or Microsoft...dominating in market share. Who knows where the share price will eventually go? I suspect a lot higher than where it presently is. Dave