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

To: ben luong who wrote (37834)	11/30/1997 12:19:00 AM
From: Dave Krishna	Respond to of 58324

Ben, Do not believe any and I mean ANY of the Barrons article. Other than the fact that Sony is looking to release a new product next year. That is the only factual information in the article. The rest is Codswallop !! per my fellow poster FIDO. Barrons has become the best contrary indicator in the financial press, and this is certainly not the first time nor the last that this type of article will be printed. When you read something in Barrons, do the opposite, and you will be financially rewarded. The reality is, even if Sony gets this product to market, it will be competing against an installed base of approximately 18 million ZIP drives in mid 1998. If Iomega then does deem this new product as a threat, they will release their own 200 meg ZIP drive backwards compatible with the huge installed base of ZIP 100 disks. What will then be the advantage of this new Sony drive ? Certainly not compatibility. Unless they really want to still claim that their drive is compatible with 1.44 meg floppies. Get real. Does Barrons really believe that Iomega will not develop any future products and is unaware of competition. Perhaps they should interview Syquest and Imation. Iomega has repeatedly stated that they have a 200 meg Zip running in the lab , but see no reason or market to release it. Guess Barrons just overlooked that. Regards, Dave