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


To: Rocky Reid who wrote (50955)3/23/1998 11:59:00 AM
From: Zebedee Wright, Jr.  Respond to of 58324
 
Rocky

Probably not much profit built into the drive, but the disks, now thats a different story. Went long @ 7 this am.

Watch your shorts! Or did you already take your 25 cents and go home.

Zebedee



To: Rocky Reid who wrote (50955)3/23/1998 12:03:00 PM
From: Bill Lin  Read Replies (1) | Respond to of 58324
 
Rocky,
Iomega might be pursuing the correct strategy by cross licensing its Vapor! technology to Matsushita and Citizen. If they can get Sony to embrace it, then the other consumer electronics camera guys will come in line. (If not Sony, then maybe Nikon? I don't know the camera market. I use the Walmart $6 disposables)

But as long as IOM gets a revenue stream where they have none now, that is a positive.

Your long term question whether Vapor! can withstand the new technologies coming against it (MR, GMR, OAW) is certainly valid.

Their only hope is to lower the price of the 40mb cartridges to $5, similar to the price you pay for film.

I don't think i need 400mb of disk storage data like the IBM drive touts for a camera. Much easier to store and organize separate film cartridges.

Also, if you lose one, its no big deal.

BL



To: Rocky Reid who wrote (50955)3/23/1998 12:32:00 PM
From: stock bull  Respond to of 58324
 
Rocky, Cross licensing is a good why to build product/name recognition. Of course, it does cut into the revenue that IOM would receive when compared to manufacturing and selling the product themselves.

Wonder why the press release was issued for a second time? Apparently it was first issued last November. (See Yahoo News).

Stock Bull