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

To: Ben Antanaitis who wrote (45103)	1/23/1998 5:03:00 PM
From: OtherChap	Read Replies (4) \| Respond to of 58324

Face it, Iomega is dead. Their stock price will be neck and neck with Syquest before you know it. Sure, Iomega may manage to keep the proprietary lock on their 10 dollar disks (that's where all the profit supporting this stock is, btw) but who cares? CD-rewritable drives are coming down drastically in price, you can get a good internal one for 350 bucks without looking hard, and the media only costs 2 bucks for 650 megs of backup storage. If you buy the rewritable media, it's about 14. And since EVERY computer has a CD rom- if you need to send files to someone, like a graphic artist friend, it is much cheaper to burn a 2 dollar CD with 650 megs of info on it! Plus you know everyone has a CD rom drive! the installed base of CD roms is far greater than Zips! Looks like the street (and iomega's bottom line) is finally realizing this. Good luck to all longs, and my prayers for everyone who has (or will soon) be getting a margin call.

To: Ben Antanaitis who wrote (45103)	1/23/1998 5:04:00 PM
From: Zakrosian	Read Replies (1) \| Respond to of 58324

Hmmm...Sorry, but I'm still not sold that this is the direction IOM should take in its advertising. If personal space is a problem with 4 members of a family sharing a computer, I would think they have already bought a Zip to deal with it. Frankly, in my family we have 3 people sharing the computer and the issue of privacy and security has never come up. I'd much rather see an ad showing a two 40something parents effortlessly putting the most interesting 15 minutes of their most recent 2 hours of home videos on a Zip disk and sending it to the grandparents so that they could enjoy watching it on their new computer that came with a Zip drive ( at the insistence of their 40something child). Then, when the grandparents see the ad, they'll understand better why their 40something child insisted that a), they get a Zip drive in their first computer, and b), that they buy 2000 shares of IOM if it drops below 13 1/2.