Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Kunal Taravade who wrote (44602)	1/22/1998 8:06:00 PM
From: KM	Read Replies (1) \| Respond to of 58324

Hey Kunal: Don't get a room for the two of you just yet - Rocky could have sold at 13 3/4 two weeks ago.

To: Kunal Taravade who wrote (44602)	1/22/1998 8:15:00 PM
From: Rocky Reid	Respond to of 58324

Thanks Kunal. Iomega is still growing, but its fall can be just as rapid as its rise. Picture a steep bell curve. This is the image a lot of Wall Streeters have of the company, and the numbers are bearing this out. America's growth was only about 25% Up from last year. It seems Iomega could be staring down a steep hill here in the US. The Zips seem to be the only thing really keeping the machine rolling. Clik! has NO OEM's lined up. I believe that this product is (and has been) ready to go out the door-- but they can't release it without OEM support. If they just released it as is with a PP/SCSI interface, and with an PC card adaptor to fit cameras, it would confuse people and even possibly hurt Zip sales when people use Clik! instead of a Zip on their desktop. Iomega needs OEM's to get it out the door. My guess is that Iomega will finally sell it at a loss to OEM's in order to get it included in something, and pray that disc sales will offset the losses. They've already spent way too much time and $$$ to turn back now and trash the whole idea.