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

To: Chris Sterner who wrote (52916)	4/17/1998 2:50:00 PM
From: RetiredNow	Read Replies (1) \| Respond to of 58324

Jeez, you longs are a tough sell. My short order at 7 1/16 that I posted this morning finally went through. It sure did take a long time. I guess that means there are not that many buyers at 7 1/16.:) Now I'm short at 7 1/8 and 7 1/16. With today's short, I now have serious money on the line, meaning I have put my money where my mouth is. With today's lack of action, I probably won't close until next week sometime. Good luck to all.

To: Chris Sterner who wrote (52916)	4/17/1998 3:32:00 PM
From: Rocky Reid	Read Replies (3) \| Respond to of 58324

>>Wow, Rocky. A whopping $9 million from Microsoft? What is up with that anyway? << Here is some Q&A from the Ioptics web site: www2.ioptics.com Q. Why has Microsoft invested in Ioptics? ($9 Million so far) A. This investment demonstrates Microsoft's confidence in Ioptics' breakthrough optical storage technology. OROM will have a major impact on the way software, content and reference data are distributed in the Microsoft Windows CE markets. The features of the technology will increase the performance and expand the functionality of many of Windows CE-based applications. Q. What is Microsoft's role in the company? A. Microsoft has a vested interest in Ioptics' success and the two companies will work closely together on technical and business issues as the technology is readied for production. Microsoft is evidently going to get apiece of the pie on OROM. OROM will succeed, because Bill Gates wants it to. Plain and simple. Vapor! has no hope as a distribution method. Way Too expensive. Way too unreliable and bulky. OROM has no moving parts- more reliable, less bulk. And Microsoft is behind it.