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

To: FuzzFace who wrote (44763)	1/23/1998 1:24:00 AM
From: jwk	Read Replies (2) \| Respond to of 58324

>> why is it worth less than a third of that today when the future is arriving? Surely there was more doubt then about its ever arriving at that future than there is now. << Chalk it up to basic human nature that we tend to value our expectations more than our realities.

To: FuzzFace who wrote (44763)	1/23/1998 1:56:00 AM
From: Y. Samuel Arai	Read Replies (1) \| Respond to of 58324

[snip] > If 20 months ago IOM was worth $26 (split adjusted) because it > had a rosy future, why is it worth less than a third of that > today when the future is arriving? Surely there was more doubt > then about its ever arriving at that future than there is now. [snip] It's because 20 months ago, the ZIP was widely believed to be the successor to replace the 1.44 meg floppy disk. It didn't happen. $10 disks can't compete against disks that cost 30 cents each.