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

To: Rocky Reid who wrote (39902)	12/15/1997 2:49:00 AM
From: Dale Stempson	Read Replies (2) \| Respond to of 58324

Re: Notebook Zip Rocky, you posted: >>>Somehow I don't think the invention of a $350 100MB Zip drive is progress nor does it help Iomega's efforts to install it in a great many laptops. The price is outrageous.<<< While I would agree that $350 is a lot to pay to add a Zip to your notebook, it doesn't appear the boxmakers are all that concerned. If the demand is there, the market research has been done, and the OEMs are backing the product, then sales will follow. Here's a sample of just the initial support Iomega has received for its notebook Zip: ______________________________ The notebook Zip drive will be available through major resellers from CNF Incorporated for notebook computers manufactured by Compaq, IBM and Toshiba, and from VST Technologies for notebook computers manufactured by Apple and IBM. The notebook Zip drive will be available as an option in Hewlett-Packard's high-quality, low-cost line of OmniBook notebooks. The notebook Zip drive will also be available in notebook computers manufactured by Acer, Clevo, Compal, Chicony, Hitachi, IBM, Micron, NEC and Siemens Nixdorf. ______________________________ Regards - Dale

To: Rocky Reid who wrote (39902)	12/15/1997 3:48:00 AM
From: Dale Stempson	Read Replies (1) \| Respond to of 58324

Re: >>>The price is outrageous. Even more so than Jaz2, which if Castlewood's Orb 2.1 Gig hits the shelves as planned next Q, will cause Jaz to suffer a quick and violent choking death as it's dragged kicking and screaming to the bargain bins.<<< Rocky, I am concerned about the impact of both the Syquest SparQ and Castlewood's Orb on Jaz sales. I can't argue the significant advantage with regards to cost per meg of storage. These products will certainly test the Jaz. We know that Jaz has a few things going in its favor including great marketing, good specs, brand name recognition, growing sales and a very large installed base. It will be interesting to see just how important these factors are as the SparQ ramps up and the Orb is introduced. While I doubt under any circumstances that we'll see the "quick and violent choking death" you forecast, I do believe that unless Iomega starts throwing counter punches, these new products could grab a lot of market share. I am waiting to see what KE's response will be. It would seem that at least a Jaz price reduction would be in order here. With the Holidays already here and no Orbs and few SparQs available, I doubt we'll see any changes until after Christmas. BTW, it just occurred to me that dropping prices during the week after Chistmas might very well be a good time to do it. I could understand Iomega taking a charge this quarter for price protected product in the channel given the expectation of record sales and revenues. I will point out something that's interesting to me: Syquest has chosen to continue its strong promotion of SyJet while offering the SparQ. They've indicated a belief that the SparQ targets a different market segment. If their research is correct, I would assume that the Jaz would also not be impacted. Regards - Dale

To: Rocky Reid who wrote (39902)	12/15/1997 8:49:00 AM
From: jwk	Respond to of 58324

>> .......will cause Jaz to suffer a quick and violent choking death as it's dragged kicking and screaming to the bargain bins. << I will grant that Rocky's analysis and predicitons are probably as accurate and correct now as they were 8 - 9 months ago. He was totally wrong then and apprears to be maintaining his track record now. Here's just one more example of his expertise Rocky Reid (17947 ) From: Rocky Reid Wednesday, Mar 12 1997 12:27PM EST Reply # of 39931 I am in a quandry. Maybe someone here can set me right. I am convinced IOM will continue it's journey downward. Right now, it is around 14 3/4. It has been closing down about 1/8 point every day, so today it could close at 14 7/8. Now, here is my trouble. I realize that IOM earnings are due about 2 1/2 weeks into April. About 1 1/2 weeks before this date is when the pre-earnings sucker rally will probably commence. Should I buy into the rally, then sell short 1 day before the announcement, or just keep my position as it is now for the duration? I realize that trying to "time" the market usually doesn't pay off, but IOM has a pattern that I have trouble not taking advantage of. ---- CLUELESS.