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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Joan Osland Graffius who wrote (11440)	12/12/1997 9:11:00 PM
From: bearshark	Read Replies (1) \| Respond to of 94695

Hi Joan: I haven't really looked for companies that may go out of business. I guess I am concentrating on companies that have tasted "the agony of defeat" before. Two that come to mind are SEG and VRC. Both are good companies with good product--I have an 8-year old Seagate SCSI 1 drive on my old computer that has never skipped a beat. Seagate is also suffering with large currency losses. I just thought of one--IOM. Take a look at its financials. They make the zip and jaz drives. That is it. The kicker is that those are not its big money item. The real money is in the disks--the floppys or whatever they are called. I was stunned when I read it. Sony is supposed to come out with a new 200 MB drive in the Spring of next year which has some advantages over the zip and jazz. Check out IOM's financials. I have to do it again. I go over these things several times to make sure I have not read something wrong. Have you looked at CSCO's financials?