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

To: Pravin Kamdar who wrote (41300)	12/22/1997 8:37:00 PM
From: Fred Fahmy	Respond to of 58324

<Sony is about to obsolete the Zip drive> You have this backwards. Sony's drive is obsolete because it is not compatable with ZIP. BTW, I thought LS120 was suppose to make ZIP obsolete a long time ago. The more things change, the more they stay the same. FF

To: Pravin Kamdar who wrote (41300)	12/22/1997 8:45:00 PM
From: Scott Moody	Read Replies (1) \| Respond to of 58324

Pravin: If you are smart you will park your IOM shares for about 4 years and not look at them. Zip will be the next A: drive. How long did it take the 1.44 to replace the 1.2 5 1/2 inch floppy? How long did it take CD to become commonplace? I don't post often but to call IOM folly is irresponsible. If you must sell IOM when it gets back to 33.5 but give 100 shares to your kid for his/her college education. Scott

To: Pravin Kamdar who wrote (41300)	12/23/1997 12:45:00 AM
From: Cogito	Read Replies (1) \| Respond to of 58324

>>The reason Iomega is under pressure is that Syquest has regained technology leadership at the high end, and Sony is about to obsolete the Zip drive. Iomega can't produce a 2 Gig drive, while Syquest can make a 4.7 Gig drive for the same price.<< Pravin - Just in case you were unaware of these things, SyQuest's 4.7GB Quest drive is now expected to ship "in limited quantities" in April, according to their website. To claim that Iomega "can't produce a 2 Gig drive, while Syquest can make a 4.7 Gig drive for the same price" is to mis-state the facts. If you're going to give SyQuest and Sony credit for being able to ship products they have so far only announced, it would be fair to also assume that Iomega can. Expect Jaz2 to be on store shelves in quantity before the first Quest drive is out the door. Sony's HiFD is by no means a sure thing either. To date, I know of no one who claims even to have seen a fully functional prototype. Nice specs on that press release, though. - Allen

To: Pravin Kamdar who wrote (41300)	12/23/1997 10:39:00 AM
From: Warren Gates	Read Replies (1) \| Respond to of 58324

Pravin, I believe the high-end will be open to many competitors. Since it is very much in its infant stages, there is enough room for everyone to make money. The low-end is where the battle is. Once Sony's drive comes out, price will be an issue. If you can have both the regular floppy drive and a zip drive for less than the cost of the Sony drive, what's the compelling reason to go with the Sony drive. Now, if Sony can sell its drive for less that the combined floppy/zip and its disks at comparable zip disks prices (1.5 X Zip disks is ideal), then IOM is in big trouble. BTW, what happens to the options after this split. I'm holding January 20's (pre-split)