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

To: Bill Lin who wrote (51882)4/3/1998 4:23:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
>>what do you think if IOM trys to buy Castlewood?<<

Castlewood cannot be "bought out" unless they want to be. Castlewood is a privately-held corporation. Its stock is not traded publically.

IOM is hobbled by their marriage to outdated technology. Both Zip and jaz use technology that is 20 years old. Orb represents a fresh start with MR tech. Iomega's Jaz is doomed.



To: Bill Lin who wrote (51882)4/3/1998 4:46:00 PM
From: Naggrachi  Read Replies (1) | Respond to of 58324
 
Re: IOM buyout of Castelwood

IOM will and does not need to buyout Castlewood. According to hiring postitions posted by IOM, they are looking for personnel with MR technology experince, so a product competing with the ORB is not that unlikely. Besides, for how many ORB media does "Joe sixpack" need after the first two?

Time will tell.

Zead


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