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


To: KM who wrote (35844)11/14/1997 10:43:00 PM
From: Steve Wiz  Read Replies (2) | Respond to of 58324
 
All:

Why hasn't IOM's stock price gone up?

1. Market Participants look for oppurtunity to jump on momentum now,
today. With some techs like Western Digital selling for nearly book,participants seek profits today not tomorrow.

2. Hate to admit it but Iomega still doesn't possess the respect that
other technology companies have. Iomega is being forced once again to
take a product to consumers through retail. EK and HWP want iomega
to build an installed base with the Click! drives before they throw their weight behind it. It was quite obvious to me that Eastman Kodak
would not be announcing a Digital Camera with the N.hand platform.

By analyzing the companies strategic decisions over the last few years, Eastman Kodak does not possess the forward thinking that it takes to create and smash new and old paradigms. The only constant at Eastman Kodak is it's lack of change. This is how a corporation becomes so complacent that it allows a competitor like Fuji to sneak right in to its own backyard.

Steve Fischer is an excellent accountant but definitely no luminary.

3. In all of the mass hysteria and bias thinking going on around here. Their is a small court case coming up within weeks with some
french company trying to clone Iomega's business. This is a very big
cloud.

Steve