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

To: Gary Wisdom who wrote (42857)	1/8/1998 8:59:00 PM
From: Brent D. Beal	Read Replies (1) \| Respond to of 58324

. . .I was going to buy one last week @ $64.88. . . A Zip for $65--where?

To: Gary Wisdom who wrote (42857)	1/8/1998 10:18:00 PM
From: Rocky Reid	Read Replies (3) \| Respond to of 58324

>>No one needs a floppy anymore. They are an anachronism.<< That's funny. I just delivered an Avid EDL (edit decision list) on a 1.44 MB floppy to the Online Post Production house today. It had no trouble fitting. I guess a facility like Manhatten Transfer with multi-million dollars worth of equipment has no use for a $10 drive. Yeah Right. I guess that's why virtually every machine in the whole building has a floppy drive in it, and they are ALL used everyday. Bottom line, the floppy still has value and is STILL the #1 non-network method of file transfer between machines.

To: Gary Wisdom who wrote (42857)	1/9/1998 1:43:00 AM
From: FuzzFace	Respond to of 58324

Gary, agreed. If you have a bootable Zip and an ISP, floppies are mainly so you can be downward compatible with someone who has neither. It's a cheap enough convenience though. Re HiFud, I'll worry about it when I see it for $50 retail. By the time it is finally ready for market, I seriously doubt Sony will be in any condition to sell it at a loss. There is a big difference between dumping previously manufactured inventory at a loss, and making new capital intensive tech goods to sell at a loss. Gaining marketshare at all costs is one of the practices that got the Asians into trouble. More of the same will not get them out of it. If they are cash starved, their banks surely won't lend them any more to make goods to sell at a loss. If they are cash rich, their stockholders won't tolerate it. If there were 50 million HiFuds moldering away in a warehouse, I would be scared silly about IOM's prospects. But in today's financial climate, there is a big difference between dumping previously manufactured inventory at a loss, and making new capital intensive tech goods to sell at a loss.