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

To: kjude who wrote (38946)	12/8/1997 10:44:00 PM
From: Stacy J. Matter	Read Replies (4) \| Respond to of 58324

Great article in Tuesday's IBD on Clik, Zip and Jaz!! 12 million Zips sold mentioned in the article-wonder if it was a typo:) Mentions the Nomai situation(or lack thereof) From the IBD article.......... ''Clik takes us out of the PC market, which broadens our technology base,'' said Iomega's CFO, Leonard Purkis. The company's removable hard drives and disks, Zip and Jaz, have solved many data storage problems for PC users. Its installed base includes 12 million Zip- and 1 million Jaz-drive users. Products are sold to consumers in stores and to computer makers.......... Thanks go to members of TMF for pointing out this story. For those of you on AOL goto keyword, IBD

To: kjude who wrote (38946)	12/8/1997 10:50:00 PM
From: Mel Boreham	Read Replies (3) \| Respond to of 58324

Hi kjude, Yea, by the year 2000 I would imagine that there will be at least 20 - 25 million Clik! drives (OEM and External IOM drives) and probably 75 to 100 million Clik! disks. Count on price reductions on the disks (as well as on the drives!) to take place AS NEED BE... This will be a HUGE MARKET!! Especially if the extensive list of High Profile Companies get into the Clik! thing for STANDARD REMOVABLE STORAGE for a multitude of USES OTHER THAN COMPUTERS. The PDA market alone is really heating up and with good, cheap and reliable storage disks this will take off like a rocket! Not to say that solid state memory devices don't have their uses... they certainly do. But they are much more expensive and even if they do bring the prices now to a buck a Mega Byte... The Clik! will only have to respond a bit to get its cost down to 10 to 15 cents/MB... by the year 2000, which I am sure is in the realm of possibility as needed. Time will tell, but I'm betting on the Clik! to win overall. ---%^) *** Mel