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


To: Herb Fuller who wrote (52166)4/9/1998 10:34:00 AM
From: Jock Hutchinson  Read Replies (1) | Respond to of 58324
 
When they can turn one bad quarter into a
total death call they are going too far


This does not necessarily represent one bad quarter. IOM makes a consumer product that it markets to millions of customers. When millions of customers receive word of mouth from thousands of unhappy customers about a potentially defective product, it's not the same thing as "We had a bad quarter because our largest customer put off a big order by a quarter" The history of tech is littered with one shot wonders whose cutting edge technology gave way to new cutting edge technology. The going too far standard could well apply to bullish IOM investors who went too far in their enthusiasm for a product that provided only interim solutions in the growing removable storage market.



To: Herb Fuller who wrote (52166)4/9/1998 11:04:00 AM
From: Gottfried  Respond to of 58324
 
Herb and all, Stanford business school hit by computer 'disaster'
Posted at 4:33 p.m. PDT Wednesday, April 8, 1998

BY SCOTT HERHOLD
Mercury News Staff Writer
<snip>
An associate dean, Tim Wei, said Wednesday that students using the school's computer lab were urged to save their files on free storage disks that contain about 100 megabytes.
<snip>

sjmercury.com

My comments:
The hard copy edition spells out "ZIP" disks. Since the article
is on the front page, it is a nice free commercial for Iomega.
It seems some Stanford people didn't back up their thesis work.

GM