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

To: Reseller who wrote (49262)	3/3/1998 11:53:00 PM
From: Naggrachi	Read Replies (1) \| Respond to of 58324

<<The good news doesn't seem to matter much, >> Don't feel so bad, I went through the same thing in summer/fall of '96. Heck things didn't really start to pick-up untill summer of '97. On the day of the earnings, I said the stock is broken down and is not going anywhere for at least 2Q. Well, guess what, I still stand by that statment. Zead

To: Reseller who wrote (49262)	3/3/1998 11:57:00 PM
From: Naggrachi	Respond to of 58324

The only thing that will move this stock is near Clik! release. A sucker's rally, if you will, so cRocky can short all the way down to $6. Zead

To: Reseller who wrote (49262)	3/4/1998 8:46:00 AM
From: Reseller	Read Replies (1) \| Respond to of 58324

OT*** Anyone care to see why the DD industry isn't doing well ? Fujitsu Hums Merrily Along While Drive Rivals Stumble Date: 3/4/98 Author: Michael Lyster ( IBD ) < snip > The Tokyo giant's Fujitsu Computer Products of America unit gained the most market share in the drive industry last year. The San Jose, Calif.-based unit is stepping up the onslaught this year, even as the drive market reels from a glut of products. ''Our goal is to be one of the top three manufacturers,'' said Larry Sanders, Fujitsu Computer Products' president and chief executive. ''We are bringing more capacity on line.'' Fujitsu, which shipped 11 million drives in '97, is upping production of drives used in personal computers this year. Fujitsu estimates its drive sales will reach $2.2 billion in '98, more than double last year's revenue. < snip > ''We have substantial growth goals,'' Sanders said. Fujitsu was the fifth-largest drive maker in the fourth quarter of '97, according to Framingham, Mass., market researcher International Data Corp. While other drive makers stumbled last year, Fujitsu saw its market share go from 5% in '96 to 9% in '97. The company also moved up from sixth place to fifth in market share for '96. ''They want market share,'' said IDC analyst Alexa McCloughan. ''They are out there aggressively competing.'' Fujitsu's drive business has ample backing. Its parent counts annual sales of about $40 billion. < snip > One competitor, Charles Haggerty, chief executive of Irvine, Calif.-based Western Digital Corp., says his company's recent poor performance was due in part to ''extremely aggressive pricing, principally by Japanese and Korean competitors,'' including Fujitsu. <snip> Analysts see Fujitsu's growth continuing this year. The company in October rolled out 12 new drives - five for servers and workstations, five for PCs and two for portable computers. Regards Reseller