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: John Lacelle who wrote (47278)	2/9/1998 10:50:00 AM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

Here's my top 10 list, with a slightly different take: REASONS WHY TO AVOID IOM 1) Terrible relationship with Wall Street with no signs of improvement 2) Overall growth is slowing markedly 3) Jaz growth will turn to Jaz decline this year 4) Sony 5) Failure of Zip as floppy replacement 6) Vapor! - still no OEM's. They have had years to get some 7) Syquest 4.7 Gigabyte Quest --bye bye Jaz2 8) low price of stock limits Institutional Interest 9) It's all in the discs, and... 10) Disc Tie ratios are down

To: John Lacelle who wrote (47278)	2/9/1998 12:46:00 PM
From: Ken Pomaranski	Read Replies (1) \| Respond to of 58324

I'm back, but I will not post any information on trading strategies, stocks I like/dislike, trades, etc.. You guys are experts already! I had to respond to this 10 reasons list: (1) LEADER IN TECHNOLOGY IN ITS FIELD - Yea, right! Iomega is not known for it's technology. It's marketing a cheap, somewhat robust peripheral. It's all about having the right product at the right PRICE. (2) GOOD MARKETING COUPLED WITH STRONG RND - Good marketing: Yes.. RND: They seem to have a problem getting products out the door. They like to blame others (suppliers) for late products. Who chooses these suppliers? Who keeps them from releasing and pushing ship dates? (3) NOT YET LISTED IN THE S & P 500 - The S&P500 consists of diverse, multi-nationals. Iomega is a one product company. (4) ZIP DISKS BECOMING THE STANDARD - They are still not throw away items yet. Nobody gives these things away or lets their friends keep them. There is a limit to how many people need, effectively caping the TIE ratio. SW is not distributed on ZIPS, which is what made floppies the standard! (5) COMPETITION HURTING - Sony is not going out of business. Imation is gaining some momentum. Syquest.. Who knows? they are hurting now, as was Iomega back in 1995. (6) HUGE PROFIT MARGIN - and dropping... (7) LOW ASIA EXPOSURE - But this is where the growth is!!! Remember, the America's seem to be saturated. (look at US revenue in Q4 1997 vs. Q4 1996) (8) STRONG AFTERMARKET APPEAL FOR ZIP AND JAZ - hmm.. remove OEM sales and relook at the numbers... (9) NYSE LISTING - What's the total return been since the NYSE listing???