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: Ben Antanaitis who wrote (52658)	4/16/1998 2:34:00 PM
From: Gottfried	Respond to of 58324

Ben, the street.com article refers to an ad push for the new 1 gig [sic] JAZ. Don't they mean the 2 gig JAZ? Here's a little excerpt that should provoke comment: "The company is hurting from a combination of a shortfall in sales and an increase in incremental ad spending," says Glenn Hanus, an analyst with Needham who lowered his rating to a hold in December. Some of the sales shortfall has more to do with an increase in sales for its main competitor, Syquest Technology (SYQT:Nasdaq), says Hanus, than anything else. "I've been hearing from stores that the sales momentum for Syquest's SparQ and SyJet drives has been favorable." (Hanus hasn't participated in any of Iomega's public offerings.) GM