Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Fred Fahmy who wrote (40057)	12/15/1997 8:12:00 PM
From: Rocky Reid	Read Replies (3) \| Respond to of 58324

>>BTW, HiFD's lack of compatiblity with the current standard (i.e. ZIP) makes it DOA.<< The only standard that Zip represents is the 100MB standard. It is not a floppy replacement. To my knowledge, AOL, nor anyone else has yet to widely distribute ANY software on Zip. In my line of work, we still deliver Avid ELD's (edit decision lists--a text file) on a 1.44 floppy in the digital editing realm. I'm sure most other Excel, Wordperfect, etc. files that constitute the bulk of business files are still saved and delivered on 1.44 floppy. Sony HiFi represnts the best solution so far. Anyone can come out with 200MB these days. What Sony has done is do this and make it significantly faster than Zip, and more importantly, make it compatible with 1.44 floppies at the same time. It is this fact that is its major selling point. What has also not been brought out is that Sony has the capability to sell these drives at a big loss in order to penetrate the market--all the while remaining well above water as a corporation. Sony's vast array of other very succesful products can serve as revenue lifesavers. Besides, Japanese firms have a history of doing just this--selling at a loss to put a big hurt on American competition--witness Kodak vs. Fuji. In fact, Fuji is in bed with Sony on this one. Look for Iomega to get short-sheeted.