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

To: Les White who wrote (47578)	2/12/1998 12:36:00 AM
From: Ken Pomaranski	Read Replies (3) \| Respond to of 58324

This is what I'm talking about: << Jazz has the potential to become what zip is becoming. >> << Click's timing is excellent. >> << There seems to be a lot of cooperation with other companies in the development of CLIK! >> What the heck is this stuff? Alot of dreaming, IMO. I swear, there is somekind of mass hypnotism (or blindness) going on on this thread. It's time for some 'tough love' here: Doesn't anyone get it? In my opinion: IOMEGA IS A ONE PRODUCT COMPANY. THEIR LIVELYHOOD RESTS SOLEY ON THE SUCCESS OF THE ZIP DRIVE. THERE ARE SIGNS OF SLOWING DEMAND, SO THEY THROW A "HAIL MARY" PASS. It's that simple... Jaz is too high priced to last, and Jaz 2 will be limited to a few, high end customers. Several vendors have played in this market already, it's not big enough, and there are too many competitors to make a big difference. About CLIK!, I posted info on the 'real' CLIK! device (from SMOD) yesterday, and only TWO people cared enough to respond. I swear, there are about 5 people on this thread who know what the heck is going on and the rest are along for the ride or just people looking to make a quick buck. No wonder institutions frown on this one. And timely?? C'mon. If Iomega says Q3-Q4, when do you think we'll see it?? Also, look at flash price curves... The SMOD device: look at the power specs, WOW!! This works in PDAs. Any vendor looking at CLIK! sees a spec like: "less than a Christmas bulb during an access". How can a vendor design to that? I sure hope for your sakes that you guys are right and I'm wrong. (the stock is so low now it's too late to do anything anyway). But if I had extra cash I sure wouldn't put it down this sinkhole. (IMO) Good Luck, kp P.S. You guys should thank me. I post this stuff when I see the hysteria rise again. It's good to keep things in perspective.

To: Les White who wrote (47578)	2/12/1998 10:44:00 PM
From: Stu Bishop	Respond to of 58324

Les, Thanks immensely for the discussion on Iomega. I need an update on Iomega occasionally. You probably don't recognize my name, since I only rarely browse here and hardly ever post. The simple reason is that the thread is too popular. As of right now, within 24 hours of my post to you, there have been more than 110 posts to the thread. I own shares in 16 companies, and I can't spend more than a few minutes each per day on SI. I choose to ignore the ones which I have the most confidence in. These include AMAT, COMS, and IOM. These also tend to have overloaded threads. Now to the point. I have paid so little attention to IOM (I am ashamed) that I don't even know about Click (or Clik, ?). I can tell from your post that it has something to do with digital photography. Could you clue me in or direct me to a source of more info on Click? Also, I seem to have forgotten what PDA is; could you remind me. Regarding your comments on the stock: " a great company with a bad stock right now but I see our story unfolding quite nicely" I'm happy to see a good story unfold, but I have to say that I'm impressed with the current performance. We had $0.13 for the quarter versus $0.11 for the prior quarter and $0.07 for the prior-year quarter. That's damn fine with me. The stupid analysts were wrong, that's all. Meanwhile, the stock falls to almost the year-ago level, when we earned the $0.07. Translation: Iomega stock is a bargain. Thanks again for all the info. I apologize for being a recipient of info rather than a source; but I am truly thankful. Best of Luck Stu B