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

To: Naggrachi who wrote (38885)	12/8/1997 4:46:00 PM
From: KM	Respond to of 58324

Doubt it. Volume would have been much higher.

To: Naggrachi who wrote (38885)	12/8/1997 4:55:00 PM
From: Dwight Griffin	Respond to of 58324

Re: Nomai Found this over at the Ken Markus web site. Overall, not a positive. A question to those who are knowledgeable in this court area. I always thought that Iomega's strong position was due to patent protection - not because Nomai disks weren't as good. (My concern is that if that is the only problem, Nomai can come up with a better design.) Comments??? <<David Against Goliath; Nomai Facing Legal Pressure Against Iomega in Removable Storage; Nomai Announces a 100MB Cartridge and Receives Heat from Iomega for Entering the Market SUNNYVALE, Calif.--(BUSINESS WIRE)--Dec. 8, 1997--Nomai, after releasing the new XHD 100MB floppy cartridge, has been faced with a temporary restraining order from Iomega after a series of ex-parte court actions between November 14 and November 20 which took place in the USA, United Kingdom and Germany. Iomega claims the Nomai XHD is not compatible to the Zip(TM) drive and may cause damage to the drive. Iomega's incompatibility claim is based on tests which Iomega performed upon early hand-made, pre-automated, pre-production cartridges built by Nomai. These tests were also conducted using Zip notebook drives which were just recently released during Comdex Fall this past November. These new notebook drives contain a light baffle which rejects Nomai cartridges. Nomai will be filing its response to Iomega's ex-parte filing shortly. Nomai has retained two leading independent testing laboratories which tested current production product, side-by-side with Iomega Zip cartridges. After rigorous testing was conducted, the independent laboratories both concluded the Nomai XHD cartridge performed equivalently to the Iomega Zip cartridge. In addition, Nomai has learned that C't Magazine of Germany, by its own initiative and completely independent of Nomai and Iomega, tested Nomai's XHD cartridge. C't Magazine, after continuous hours of testing, concluded the "XHD works...perfectly with all SCSI, ATAPI and parallel Zip drives". These drives constitute the current installed base of the 10 million Zip drives that have been sold to date. Nomai will fight the Iomega ex-parte injunction. It is confident that the injunction will be lifted in the coming weeks after the different courts are given the opportunity to see complete evidence. For press evaluations contact Anne Abuhakmeh 408/542-5915. ...>>

To: Naggrachi who wrote (38885)	12/8/1997 4:56:00 PM
From: Senthil Sankarappan	Read Replies (2) \| Respond to of 58324

RE: IOM today I think IOM today has successfully completed the effect of barrons. Remember, last week we were all saying that it will go down. In fact, my post said it will drop to $30 and then up and up after that. I was so disappointed last week that the shorts did not jump in after the Barrons article. Now i am all releived and i think $30 will hold as the support. Now i expect the Bulls to be back in business. (yes. i made use of this buying opportunity today ;-) OK. guys. i am no TA expert and all my posts are just my personal experience of watching IOM for the past 2 years. So, don't shoot me if I am off a bit here ;-) -senthil