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

To: Cogito who wrote (40708)	12/19/1997 9:27:00 AM
From: Dwight Griffin	Respond to of 58324

Allen: I believe Andrew is right when he terms the Zip drives to be low profit. Kim Edwards has repeatedly stated he is looking to get the price as low as possible to get them in the hands of consumers. What he is missing from the business model is that the profit comes from disk sales. This is why IOM treats the Nomai situation so seriously. Not even so much for the impact of Nomai itself, but if Nomai is successful in cloning the disks, then the door may be open for some of the larger players to step through. Dwight Griffin << >>I suppose people are coming to the realization that ZIP drives, even if they do become a standard, are the epitomy of a low profit margin commodity.<< Andrew - You apparently don't understand either Iomega's business model or the meanings of the terms "commodity" and "profit margin". Zip drives are neither a commodity nor low profit. The smart money moves around, but it always keeps coming back to strong earnings growth. - Allen >>