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

To: ziggy who wrote (38557)	12/5/1997 1:46:00 AM
From: Cogito	Read Replies (1) \| Respond to of 58324

>>Removable cartridge systems, meanwhile, use DVD technology and allow massive storage in a removable form. One cartridge system comes from an industry leader, Syquest. This drive, the Quest 4.7, will be released next year. It will be priced at about $600 retail, and store 4.7 Gbytes on each cartridge, equivalent to a double-sided DVD RAM.<< Ziggy - This is wrong. SyQuest's Quest drive does not use DVD technology. It uses Magneto-Resistive head technology, which is what allows them to get the data density so high. I should say that the Quest drive will use MR heads if it ever actually ships. Probably it will ship, as current management knows they won't be able to sell more stock if they can't get announced products out the door. If SparQ is a hit, and if Quest succeeds in capturing the high end, then Iomega will certainly have to lower prices on both Jaz and Jaz2. My opinion is that they have room to do so. It might lower gross margins for that product line, but I don't think it would severely impact the overall earnings. - Allen