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

To: Linda Pearson who wrote (43192)	1/12/1998 7:15:00 AM
From: Michael Coley	Read Replies (2) \| Respond to of 58324

RE: Bold Predictions. The problem with IOM hasn't been sellers as much as it has been lack of buyers. My prediction is that the buyers will return only after 4Q97 earnings are reported. I predict that this will also be true of the general market--that buyers will not return in mass until the majority of companies have reported. (When is this? The third of fourth week of January?) There's just too much fear in the market right now. People don't want to buy and have the chance of getting hit again with bad earnings. They would rather wait and play it safe. The end is in sight. My predictions: IOM bottoms by 1/22. Market bottoms by 1/30. - Michael Coley - i1.net

To: Linda Pearson who wrote (43192)	1/12/1998 1:33:00 PM
From: Gottfried	Read Replies (2) \| Respond to of 58324

Linda, the numbers at the bottom will be of interest... sjmercury.com The question today: Can SyQuest bounce back? SyQuest Technology Inc., once the leader in removable, high-capacity computer storage products, stumbled badly in the face of Iomega Corp., then slid into obscurity. Today, it's trying to stage a comeback, but the star remains Iomega, which now accounts for nearly nine of every 10 removable cartridge disk drives sold in the world. Some numbers from the full story: shipments of the kind of removable hard disk cartridge drives Syquest makes will grow from 1.7 million in 1997 to 5.5 million in 2000.<snip> Syquest also has a shot at at grabbing a piece of the market for high-capacity floppy drives, dominated today by Iomega's 100 MB ZIP drive. Disk/Trend says shipments of these will swell from 8.9 million in 1997 to 26.6 million in 2000. GM