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

To: Brent D. Beal who wrote (39233)	12/10/1997 1:13:00 PM
From: stock bull	Read Replies (1) \| Respond to of 58324

There are two issues...the patent and the question of the disks working in the IOM drives. IOM ran tests on the disks and said they could damage the drives. Nomai said they won't, so Nomai is offering the disks to the press for testing purposes. Stock Bull

To: Brent D. Beal who wrote (39233)	12/10/1997 10:09:00 PM
From: HardMoney	Read Replies (5) \| Respond to of 58324

ITS A LONG POST AND YOU MIGHT THINK I'M AN INSANE IOM BULL but,........... year 2000 EPS(presplit) could reach $3.00/share WITHOUT CLIK.IOM has experienced incredible growth yet the vaSt majoriy of Zips sold so far, I believe, have been external. The growth of the OEM installed internal,IMHO, will be even bigger. People don't realize that only about 5%-7% of computers sold today come with a Zip Built In, that leaves roughly 93% of the market open. As the uses,shapes,sizes and needs of computers evolve,especially into multimedia(Computer=TV=Steroe), the need for a device such as a Zip expands exponentially. The more people have it the more other people NEED it, in order to be able to share data...its growth feeds on itself. Now add clik Revenue which by the year 2000 would be 2 years old, significant, but still microscopic of what it could be by 2005, and I think you could see $5.00-$7.00 times a pe multiple of say 25, to be VERY conservative and you get a 3 year price target , yes Q4 2000 is only 3 years away, of $125-$175/share (presplit). That's a 400%-600% return on your investment. Also regarding Nomai: ******************************************************************* I thought the issue with the Nomai disks was patent infringement, not whether theyworked or not.<<<<< Let's assume they work (I think they probably do)>>>>>>, what are the odds that Nomai is going to be able to sell the disks. . . ? I think that's the realquestion. ******************************************************************** I would not make that assumption too soon, according to IR the disks IOM procurred were from regular retail outlets and channel distribution sources. They were NOT early stage "pre-automation or pre-factory built" disks. Indeed they came in factory applied boxes just as if you or I went out and bought them today. They were tested on every version of Zip and although I could not find out which ones specifically were not compatible, it was MY TAKE that they failed from time to time in all versions. Nomai are a bunch of pirates trying to rip off established companies, they succeeded with Syquest but the will NOT, imho, succeed with IOM. If this is what has caused the stock to drop then at least it gave me the opportunity to buy in again today at a price of 27.375, which in my mind is a steal ...........thank you Nomaind. Frank