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

To: Bill Hernandez who wrote (52185)	4/9/1998 1:08:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 58324

>>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."<< I'm glad this Iomega employee had the gumption to insult his own company's product. You see, when he was talking about slow, he was obviously talking about the Zip drive. The Sony 200MB HiFi has much faster specs than the Zip 100 drive- 2-3MB/sec as opposed to SCSI 100 Zip's 1-1.5MB/sec. And, it's compatible with every computer out there with its 1.44MB floppy ability. All Sony needs to do to crush little Iomega is just get the thing on the shelves. They say this Spring. We'll see.

To: Bill Hernandez who wrote (52185)	4/9/1998 1:10:00 PM
From: Kel Suga	Respond to of 58324

For what it's worth---Just placed and order to sell 10K of IOM at 6.563. Bid-6.563/ask 6.625 and bid size 150/ask size 500. I've got DTN realtime quotes and it only took about 20 seconds for the 10k sell to come through on the screen after the broker placed the order. I've got a lot more shares and am testing the market---stock seems weak on the screen, but the order was executed quickly.

To: Bill Hernandez who wrote (52185)	4/10/1998 10:19:00 AM
From: John Lacelle	Read Replies (2) \| Respond to of 58324

Bill, This is good news and bad. The good news is that my calculations are the same as theirs with my estimate of 80 million high capacity drives being sold in the year 2,000. The bad news is (like they said in the article) that there is not enough space in the laptop and notebook arena for 2 drives which means that backwards compat- ability with the 3 1/2 disk is imperative. This is Iomega's "Achilles Heel". Iomega must convince the manufacturers to install a Zip drive and I think that will be hard given that customers might just want to install some files from the 3 1/2 inch disks they have at home. Iomega could pull it off but it would take some excellent negotiation and some big commitments on the part of software and hardware makers. What does anyone else think about this??? -John