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

To: Senthil Sankarappan who wrote (38896)	12/8/1997 6:19:00 PM
From: Mel Boreham	Read Replies (1) \| Respond to of 58324

Senthil, I too think that the Barron's effect has pretty well passed and we are looking at the effect of todays mention that the Nomai testing in Europe showed NO PROBLEM WITH THEIR NOMAI DISKS working in ALL TYPES OF ZIP DRIVES! This is very big effect type news! If we are only weeks away from a reversal of the restaining orders to not allow Nomai disks to be sold in Europe and later on in the United States, them IOM could be hit pretty hard... at least as far as the stock price just before or just after the split. As much as I hate to think about what this might do to the sales of Zip disks, I believe that IOM will not just roll over on something so critical to its bottom line. I was shocked to read that the testers in Europe found no problems what so ever... and that Iomega tested pre-production models of the new Nomai disk, not what what was used by testing organizations in later tests. We could be in for another downdraft over the next several weeks if this proves to be true. Looks like the "snake in the grass" hasn't stopped wriggling yet. Concerned... Mel