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

To: JeffM who wrote (40424)	12/18/1997 9:37:00 AM
From: Ben Antanaitis	Respond to of 58324

Somebody must have the stock got banged down 1 1/8....

To: JeffM who wrote (40424)	12/18/1997 9:37:00 AM
From: Gary Wisdom	Read Replies (1) \| Respond to of 58324

Looks like $25 on Friday. $25.375 at open.

To: JeffM who wrote (40424)	12/18/1997 9:37:00 AM
From: E. Graphs	Read Replies (1) \| Respond to of 58324

25 3/8.......looks like we're getting hit for the delay.

To: JeffM who wrote (40424)	12/18/1997 12:27:00 PM
From: Naggrachi	Respond to of 58324

<<Anyone see Iomega news this morning? They are pushing back Jaz2 sales until the first quarter of 1998 because of reliability issues>> I don't know where you got your education from, however, when I read the press relese, I got the impression the delay was due to further quality testing. I found this as welcome news to avoid a repeat of the rumors and some problems regarding the original Jaz. Just look at how long the laptop Zip took to get introduced to the market. Iomega had two options. One was to go about it the same rout Syquest took in intorudcing the SparQ, evident when they shipped a sample drive to a jounalist so he can evaluate it. And we all know the outcome of story. Or, delay the drive and conduct further testing and make sure that all bases are covered from day one. If you don't know what kind of management is working at IOM by now, than your better off not making such posts. Zead

To: JeffM who wrote (40424)	12/19/1997 10:33:00 AM
From: Michael Coley	Respond to of 58324

RE: More Details on the Jaz2 delay. From the Motley Fool message board: Subject: ..IR.. Date: Thu, Dec 18, 1997 10:32 EST From: Huibs pht ..I just got off the phone with IOM IR.. ..I basically wanted to know why Iomega would issue a press release for Jaz II, as it's only being delayed a few weeks..(originally late Q4).. ..was told that most of these types of announcements have occured in conjunction with a Conference Call, or such.. ..as IOM is entering it's quiet period, as I was told, they decided it was prudent to release this, as the next opportunity would have been the January CC.. ..and it's because they haven't finished testing the drives.. - Michael Coley - i1.net