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

To: Reseller who wrote (48505)	2/22/1998 12:14:00 AM
From: daniel j mcguire	Read Replies (1) \| Respond to of 58324

Roy-based Iomega leases big building in Colorado from Deseret News, Salt Lake City Last updated 02/21/1998, 12:01 a.m. MT ROY - Iomega Corp. is expanding - in Longmont, Colo. The Roy-based maker of data storage products, has signed a lease for 5,000 square feet of space in a vacant manufacturing building in Longmont, which is about 15 miles from Boulder. Iomega already has a small research and development staff of about 30 people in the area. A company representative said Iomega will formally release information about the Colorado venture next Thursday. But she said a report in the Denver Post that said 130 jobs would be relocated from Utah to Longmont is inaccurate. The company called the move an expansion, not a relocation. Officials also would not say how many jobs are involved. John Hunt, president of the Economic Development Association of Longmont, told the Deseret News the city of 60,000 has attracted several high-tech companies that make storage and disk products. They include Maxtor, Exabyte Corp. and Seagate Technology Inc. In addition to Utah and Colorado, Iomega has operations in San Jose, San Diego and Greensboro, North Carolina. Last October, Iomega announced plans to triple its facilities in Milpitas, Calif. A company spokesman said then that expanding operations outside of Utah was part of Iomega's strategy to position itself as a global company.

To: Reseller who wrote (48505)	2/22/1998 12:20:00 AM
From: Kashish King	Read Replies (3) \| Respond to of 58324

Reseller, you are claiming a 1% out-of-box failure rate but you have the same information gap as Iomega in that regard: you are relying on returned merchandise or complaint reports coming in once they leave your premises. In fact, the number of problem drives (including those which have intermittent problems) is almost certainly much higher and I would hasten to add that we're talking about the entire system here: drives plus cartridges. So, your observations are in line with those being reported by Iomega, but they don't tell the whole story as I'm sure you'll agree.