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Technology Stocks : SYQUEST -- Ignore unavailable to you. Want to Upgrade?

To: Stephen Leung who wrote (5552)	2/16/1998 12:53:00 PM
From: Cogito	Read Replies (1) \| Respond to of 7685

>>I sense with the imminent rollout of HiDensity floppy from Sony could spell the end of Iomega's cash cow zips. Love those zips but for almost the same price at 200 mb , plus able to read 3.5 floppies and faster speeds. (Apparently beta versions allow you to play a mpeg) these are definitely going to make the Zip drive look like a buick.<< Stephen - First of all, there's no evidence that Sony's rollout of HiFD is "imminent." Latest word has the rollout delayed from Q2 to at least Q3, and I still haven't seen any reports of even a fully functioning prototype. But even if HiFD ships next week and completely takes over the low-end removables market, how does that help SyQuest? Let's take the question a little farther. If Iomega went completely out of business, how would that help SyQuest? Would it allow them to raise their prices to the point that they could actually make a profit on their drives? According to many of the people who post on this thread, anyone who wants removable storage is going to buy SparQ over Zip, and SyJet over Jaz. So what difference does Iomega make to SyQuest? If no sensible person would buy an Iomega product over a SyQuest product, then Iomega's advertising, which educates the consumer about the need for removable storage, can only benefit SyQuest. - Allen