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

To: Rocky Reid who wrote (47282)	2/9/1998 11:09:00 AM
From: Cogito	Read Replies (1) \| Respond to of 58324

>>Here's my top 10 list, with a slightly different take: REASONS WHY TO AVOID IOM<< Rocky - Let's take these point by point: >>1) Terrible relationship with Wall Street with no signs of improvement<< A bad place to start a rebuttal, since I can't really argue with it. >>2) Overall growth is slowing markedly<< You didn't quantify it, and "markedly" is subjective. I'm not that unhappy with 77% growth from '96 to '97. Certainly I wouldn't expect that much growth every single year, but the current P/E leaves a lot of upside room. I think a lot of stockholders would be happy with, say, 20 to 30% growth annually. >>3) Jaz growth will turn to Jaz decline this year<< You probably still believe that Jaz sales only grew 7% for the year, which is wrong. Still, since this is a prediction based on conjecture, you could be either right or wrong. >>4) Sony<< Not there yet. Haven't seen a real working prototype even. >>5) Failure of Zip as floppy replacement<< As you yourself said, the floppy is being replaced by several things. For the "general small-scale backup and file transfer device" functions of floppies, Zip is the clear leader as the standard replacement. >>6) Vapor! - still no OEM's. They have had years to get some<< How you do go on about this. Initial announcement of n.hand tech was when, Rocky? Not even two years ago. It was November of '96. >>7) Syquest 4.7 Gigabyte Quest --bye bye Jaz2<< Quest is still not in stores. And here's another interesting point: under the operating systems currently in use on the vast majority of personal computers, you can't use a 4.7GB disk without dividing it into THREE partitions and accessing it as THREE logical drives (i.e. F, G, and H drives). A 2GB disk can be used as one partition. If and when Quest ships, it will sell to some high-end niche markets. I'm willing to bet that Jaz2 will sell also, and will generate a profit for Iomega. I'm willing to bet that it will generate more profit than Quest does for SyQuest. >>8) low price of stock limits Institutional Interest<< Yes, that's what some people say. And you have said that the institutions are all investing heavily in SyQuest, which has been below three for most of the past several years. >>9) It's all in the discs, and... 10) Disc Tie ratios are down.<< But disc unit sales are still up. - Allen