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

To: Frank Drumond who wrote (43305)	1/13/1998 2:35:00 PM
From: Brent D. Beal	Read Replies (4) \| Respond to of 58324

Even the dd sector is moving up. Something is rotten in Denmark, either that or Wall Street is comprised of a bunch of complete morons that evidently could care less about making money. Although I buy the first part, I don't think the second is true. Even morons like to make money, so why isn't IOM moving up? I've becoming convinced that somebody know more than we do. . . Here are some thoughts: 1) Sony really is serious about pushing their drive in a big way 2) The patent issue isn't as settled as we think it is 3) There are some costs resulting from problems in Asia or something else we don't know about 4) Zips are selling as well as we think they are or the rate of increase in sells in falling 5) There are problems with Click! which are going to result in further delays--not uncommon for IOM 6) There are problems with JazII--a possibility since it's already been delayed once together with all the rumors of problems with Jaz, maybe doubling capacity intensifies these problems 7) There are problems with Buz, which as far as I know still is shipping. . . Why not? 8) We are seeing a contraction of IOMs P/E based on the fact that the company is still almost entirely dependent on the Zip (JazII is delayed, Buz is delayed, nothing from Click! expected for 6 months, etc.) Any other ideas? Maybe we need to quit patting each other on back or grumbling about conspiracies and figure out what's going on before we all end up holding an $8 stock. . .

To: Frank Drumond who wrote (43305)	1/14/1998 12:18:00 AM
From: Frank Drumond	Respond to of 58324

Didn't see much reaction to this article that I posted a link to earlier today. This is by Peter Coffee out in PCWeek.... >During the holiday season, I decided to improve my quality of life by reducing my sources of stress. No, this does not mean that I got rid of all my computers. It means that I decided to spend my end-of-year upgrade budget on PC peripherals that I've needed for years but never got around to buying because the need was never urgent. So I didn't buy a faster machine or a bigger hard disk or even a faster modem. I bought myself a digital camera, a backup power unit and an Iomega Zip drive. And boy, do I feel relaxed. Zip drives come close to being the ultimate backup device, and I rejoice in the likelihood that I'll never buy another new desktop system without one. In the meantime, though, I'm already hooked on the convenience of plugging that rugged little box into any parallel port, and popping those 100MB platters in and out until I finally feel safe. ------------------------------------------------------------------------ The Zip drive's plummeting cost eliminates any remaining excuses for losing critical files. ------------------------------------------------------------------------ Why do I like the Zip technology? Because backups on tape, let alone on floppy disks, take too long to make and too long to verify. Because tape drives and I do not share happy memories when it comes to reliability. Because years of personal experience, reinforced by discussion with PC Week readers, have convinced me that a useful backup device must have the familiar user interface of a fast, random-access storage device, plus the intrinsic safety of removable media. Why removable media? Because there's little point in making a backup that sits on the same desk, or even in the same building, that is subject to the same risk of fire, flood or theft. Off-site backup, like a Zip disk stowed in my bank box, is what it takes to keep data genuinely safe. Thinking back, I recall that the first PC I ever specified for purchase (in 1983) included one of Iomega's first removable-media units. The chassis was the size of a first-generation PC, with two drives holding media units the size of small hardcover books. Each cartridge stored only a few megabytes. Even though Iomega's first-generation units were bulky and slow, they looked like hard drives as far as DOS 2.0 was concerned. That was what mattered. While other departments' PC coordinators despaired of getting their users to back up their files, I knew that each of my users had a personal backup storage media unit that was being used at least once a week. Can you say the same, even today? The Zip drive's plummeting cost eliminates any remaining excuses for losing critical files. It doesn't take nearly as much space to explain what my backup power unit (a Tripp Lite 675) has done for my peace of mind. Ever since the Web became my main research tool, I've hated to leave my system when I had 10 or 12 Navigator windows open to useful pages. Knowing that I have 15 or 20 minutes of battery power makes a big difference to me. Finally, my digital camera (an Olympus D-500L) has already changed my approach to documenting my work. I can keep trying shots until I see the right thing on the preview screen, and send off finished pictures faster than any lab could handle them. I'll bet that I shoot more than 90 percent of my work this year with bits--and back them up on a Zip disk.<