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


To: sheila rothstein who wrote (42968)1/9/1998 1:40:00 PM
From: Michael Coley  Read Replies (2) | Respond to of 58324
 
RE: Demand for Clik is Building!

Just received this from a friend who works in at a computer consulting company:

>> Do you know anything about an Iomega cartridge product that works like film in a digital camera and then is removed and inserted into a PC (Zip?) drive for image transfer? We have heard rumors from interested clients? <<

Here's my response:

Sure, it's called Clik. It was code-named n.hand when it was first introduced a little over a year ago. Iomega had fully functioning OEM products containing Clik at Comdex a couple months ago. They expect Clik-OEM'd products to be widely available in the second half of 1998. The disks are about half the size of a business card, hold 40MB and will retail for $10. The drives are expected to add $100 to an OEM product. Retail PC-based units will also be available for $200.

Although one of the most widely anticipated uses will be for high-resolution digital cameras, there will be tons of potential uses including GPS, PDA, projectors, etc.

You can find out a ton more information on their web site:

iomega.com

It's anticipated that Clik will be an even bigger success than Zip (which is now selling 1 million units per month)!


- Michael Coley
- i1.net



To: sheila rothstein who wrote (42968)1/9/1998 1:51:00 PM
From: Ken Pomaranski  Read Replies (1) | Respond to of 58324
 
It's important to cut loses fast and let profits run.

I only use options on 'risky' companies, since most options schemes
I use are much less risky than owning the common.

Iomega is one of those companies in which you could wake up one
morning, and see the stock trading at half it's value. (like RAIN,
Adaptec today, etc..)

kp



To: sheila rothstein who wrote (42968)1/10/1998 11:35:00 AM
From: stock bull  Respond to of 58324
 
Sheila, your comments are right on. With blow-out earnings, we should see IOM move-up a few points. Yesterday's market sell-off was probably a good buying opportunity. If we see corporate earnings hold-up through this reporting period, I think the US market will turn-around and head towards 8000. Next few weeks should tell the story.

Stock Bull