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

To: Kunal Taravade who wrote (35894)	11/15/1997 1:07:00 PM
From: Jeff Sheeran	Respond to of 58324

I disagree about missing the boat on DC. all though I do not think it is goind to take the digital world by storm I think there is a market for it. Why?? I will tell you. A removable cartridge (Click!) will not require a pc, there for granny or uncle jim can buy a camera and take the click to where ever to get prints made from it, as IOM say, "think of Click! as you digital roll of film" Exciting thought. Reality is that most digital camera's are around $1000 now for ones with mega pixel image quality. Far far out of the budget of Granny and uncle Jim. If they can make a digital camera with Click! without a screen and more like a traditonal camera then that price may start to drop. It is the Granny and uncle Jim market that is the target market, if this market can be pentrated by Click! then we will all retire early and if not than it was wishful thinking. I think you are dead on about the PDA market though. Jeff

To: Kunal Taravade who wrote (35894)	11/15/1997 1:11:00 PM
From: Thomas L Nielsen	Read Replies (1) \| Respond to of 58324

Yes it does seem that steam of a premature announcement, no matter hot great the "pot" at the end, evaporates into thin air. This minature disk drive concept may, however, develop into a genuine system. If it does then Iomega will reap many benefits. If it doesn't then Iomega will merely continue to grow as it has without the Clik! system. This seems like a "win Win" for IOM longs. tom

To: Kunal Taravade who wrote (35894)	11/15/1997 1:29:00 PM
From: Cogito	Respond to of 58324

>>I am sorry to say that Iomega may have missed the bus on digital cameras. If the retail models will be available in the "second half" of 1998, (which could mean a year from now), they will be in direct competition with 80MB or 160 MB or even possible 200MB flash cards which cost about $2/MB, making the clik disk/drive combo inherently too expensive/too slow to compete in the digital camera (DC) market.<< Kunal - Would you rather pay $400 for one 200MB flash card, or $240 for one Clik! drive and four extra disks, yielding the same 200MB of storage? To me, the latter choice is more attractive, especially as it allows me to add storage in 40MB increments for around 10 bucks. The speed issue is a red herring as well. The specs given for Clik! are quite respectable. Later, I may look up the throughput numbers for flash, but I remember being surprised at how slow the write functions of flash are. It's not virtually instantaneous like computer RAM. Hence, your contention that Clik! will fail in the digital camera market is, IMO, incorrect. - Allen

To: Kunal Taravade who wrote (35894)	11/15/1997 1:38:00 PM
From: sheila rothstein	Respond to of 58324

Kunal, Could you tell me the difference between Clik, and the flashcard made by SNDK, which is the better product and which one will have wider acceptance when Clik comes out in the 2nd half of 98? SR

To: Kunal Taravade who wrote (35894)	11/15/1997 1:42:00 PM
From: Senthil Sankarappan	Read Replies (3) \| Respond to of 58324

To Everyone: Please Read ------------------------ I am seeing recently more and more people getting upset with IOM and are giving a sorry picture of themselves and their investment in IOM. A humble request to you all. Please, if you don't think IOM is not worthy of your money, nobody is preventing you to just click the sell button and go for some other momentum stocks which you think are attractive. I for one is a lazy long term investor who track the over all business of IOM and their quarterly earnings reports and not just everyday price movements and blaming myself and others just because the stock did not make a movement in short term. Looks like everyone forgot why IOM is such a great company and investment. 1) Came in Fortune as one of the best investments of past decade giving return of > 30% from 1986-96. It was in top 15 along with KO, MSFT, INTC, ORCL etc etc 2) Even Herbie from SFO chronicle has accepted this in his column in the past few days. 3) This company was no where in radar till 94 and it is approaching 2 Bil revenue now. 4) Has only 5-6 analysts covering and only 14% fund ownership which is very very +ve for long term if they keep growing. 5) Has 22% internal holding and one of the Board members bought recently at $28 almost at year high. He bought 40,000 shares. 6) I got one call from an investment group saying that they started giving buy reco recently because this guys (Seehan??) bought at $28. They said he did the same thing in 94 and the stock went up 171% in few months after that. 7) Even this Zip market is in its infant stage and IOM has got a big growth ahead of them. Now already they are targetting their next big market. Tell me how many products from IOM are failure so far?? 8) This year IOM is up over 60% and withstood this recent selloff. To me it is the best quality of an investment and not just a boom and bust and giving heart attacks. In other words the current holders are all long term and there is not much momentum play. 9) For traders, these qualities may be disappointig but for long term players like me who has a full time job and a family to care, this is the best that can happen. 10) IOM's market cap is only 4 Bil $$ and I don't know why it can't become 40B if they can already be in the cadre of MSFT/INTC/ORCL/KO? Sure it takes time and so did all these biggies too. I wouldn't feel sorry for being invested in MSFT 10 years back and i wouldn't complain that MSFT was also a dog stock from 1993 to till mid 94. So, all you people who feel sorry for holding IOM, just sell and go away and try not to get symphathy from long term players in this thread. Come back after IOM becomes a momentum stock again. Also, Rocky and B.O please continue in this thread. I want a balance of Bulls and bears and i am only against these short term thinking, momentum seeing, self blaming and sorry feeling longs here. Thanks for reading so far. Now just flame me for being so cold/logical/practical. Also, thanks for people who really discuss IOM from business angle and bring some real news/events. I spend time in this thread because of you guys only. -senthil