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

To: OtherChap who wrote (47678)	2/12/1998 9:59:00 PM
From: FilerBill	Respond to of 58324

In addition to "full steam ahead" you might ad IOM's take.. Iomega's Keating said any decision by Nomai to sell its products would be "highly foolhardy," noting that on February 27 U.S. District Judge Martin Jenkins will decide on a preliminary injunction against Nomai--<<<<this time based on claims of copyright and trademark infringement>>>, rather than on the compatibility issue. Why would any judge rule in favor of Nomai on copyrights and patents when everyone else so far is licensing the product. This was only about compatibility.

To: OtherChap who wrote (47678)	2/12/1998 10:03:00 PM
From: Rocky Reid	Read Replies (4) \| Respond to of 58324

Re: Nomai That's it, I'm out tomorrow no matter what. Iomega will finally have the coffin nail driven into its head in the market once this news sets in. This stock is a fleabag. Thanks to this wise decision by the US courts, Iomega will finally get its just desserts by being forced to compete on a level playing field with other commodity disk drive companies. Iomega until now has gotten away with charging obscenely high prices for Zip discs, and is about to have its lifeblood sucked right out of its body by the Vampyre Nomai. On a store shelf, what do you think the average Joe will buy? Iomega/Fuji for $13 each? Or Nomai for $5? With the very few laptop Zips sold, it doesn't make a difference if they work in them or not, because they matter very little. Iomega's declining revenue growth and its one-product liability were already points of concern for The Street-- now this. For once, the courts have made the right decision in lifting the Nomai ban-- one that benefits the consumer over the interests of a greedy, customer-hostile company. This stock will tank tomorrow.

To: OtherChap who wrote (47678)	2/12/1998 11:17:00 PM
From: stock bull	Read Replies (1) \| Respond to of 58324

OtherChap; You should also have posted the following from the same article: <<Iomega's Keating said any decision by Nomai to sell its products would be "highly foolhardy," noting that on February 27 U.S. District Judge Martin Jenkins will decide on a preliminary injunction against Nomai--this time based on claims of copyright and trademark infringement, rather than on the compatibility issue>> Keating is IOM's lawyer. So, IOM lost a battle based on reliability test results. The war isn't over pending the copyright and trademark infringement issues court decision. However, I do expect the stock to drop tomorrow. KE may address this ruling at the analysts conference tomorrow. Stock Bull

To: OtherChap who wrote (47678)	2/13/1998 12:57:00 PM
From: Lurker	Respond to of 58324

Greetings Otherchap: We know from previous court rulings that Noumai can make only 0.8 million disks per month and that they cannot buy any more of the machines that make the disks. Since Iomega will sell about 16.7 million disks per month this year, Noumai will be restricted to about 4% of Iomega's market. Do you know which cities in the U.S. Noumai will target? Will they concentrate only on the East coast or will we in the midwest see some Noumai disks? Any assistance will be greatly appreciated. Thank you. Mike