Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: John Lacelle who wrote (52173)	4/9/1998 10:51:00 AM
From: RetiredNow	Read Replies (3) \| Respond to of 58324

Well, John, you're asking the right questions. Which means that you still have a level head, despite the downward spiral. Let me ask you this. Why would you stay in IOM when it is probable that Cisco will give you a higher return over the next year(s) and won't give you the rollercoaster ride? That was the question I asked myself that finally resulted in me pulling out of IOM at around $9. Forget about IOM, there are alot of better places to put your money in the near term. Why don't you sell, revisit IOM 6 months from now, and if it looks like the smoke has cleared, jump back in?

To: John Lacelle who wrote (52173)	4/9/1998 12:59:00 PM
From: Bill Hernandez	Read Replies (3) \| Respond to of 58324

Large installed superfloppy numbers. With IOM in the lead, what does this mean for the dollar numbers? See the rest of the article at: go2.guardian.co.uk <Analysts at International Data Corporation in Massachusetts say the market for superfloppy drives will grow. They expect the drives to be pre-installed in 60 per cent of all the PCs sold in 2000, and in 96 per cent in 2001, compared with just 8 per cent last year. Iomega's response - from European managing director Kevin O'Haire, based in Geneva - is that "we're back to business as usual". The company also dismisses the competition: "We don't consider SyQuest a competitor," he says. "It's just another storage manufacturer trying to survive." The performance of the SuperDisk is, he says, "somewhat anaemic". As for Sony, "certainly we're interested in what they're offering," O'Haire says, "but our customer research didn't say they wanted a 200-megabyte drive that was slow." Even in the superfloppy market, it seems, size is not everything.>