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


To: Gary Wisdom who wrote (54068)5/2/1998 6:42:00 PM
From: robert read  Respond to of 58324
 
let's remember what people were saying about iomega's up and comming competion in 1996. HAHAHAHAHAHA, read how the analyst predicted that pc makers would rally behind the ls-120 and make it the standard.

( 06/19/96 12:00:00 AM)

Iomega meets its match
Justin Hibbard

Reigning removable-storage king Iomega Corp. met new rivals for the
throne at PC Expo Tuesday. Iomega, whose Zip drives have been
popular enough to make the company's stock one of the hottest in
the U.S. in the last year, is trying to make its technology a de
facto industry standard. To that end, it introduced a 15mm internal
Zip drive for notebook PCs. Due out in the first quarter of 1997,
the drive will work in today's notebooks, and Iomega is pursuing
OEM partnerships with notebook manufacturers to offer the drive
factory-installed in new laptops, said Timothy Hill, Iomega's vice
president of worldwide marketing. Iomega has not yet announced a
price for the drive. But competing aggressively against the Zip
disk is the Laser Servo 120, a 120M-byte floppy disk that comes in
the same casing as the current 1.44M-byte floppy disk standard.
Maxell Corp. of America and Mitsubishi Electric Corp. Tuesday
announced they will build LS120 drives, while 3M Corp. worked the
PC Expo floor to promote its version of the disk. Meanwhile, at a
meeting sponsored by Bear, Stearns & Co. in New York Tuesday, hard
drive manufacturer Western Digital Corp. presented its entrant in
the removable-storage race. The company plans to ship in September
a 10.5mm, 1G-byte removable hard drive priced at $200 for notebooks
and desktops. In a press conference at PC Expo, Iomega CEO Kim
Edwards dismissed the idea that Western Digital's new product
competes with the Zip drive. She said a hard drive is in a
different product category than a removable-cartridge drive. But
Bill Dobbs, an analyst at HPB Associates in New York, disagreed.
"It still competes," he said. "The hard drive is kind of the gold
standard as far as speed and reliability goes." Nevertheless, he
expects PC makers will line up behind the LS120 as the standard for
removable storage. " [PC makers] say that backward compatibility is
key for them," Dobbs said. Most LS120 floppy drives have an extra
head that can read and write to 1.44M-byte disks, paving a smooth
migration path for users with a backlog of data on 1.44M-byte
disks.

Iomega's drives are not backward-compatible.

View latest headlines




To: Gary Wisdom who wrote (54068)5/2/1998 6:47:00 PM
From: robert read  Read Replies (2) | Respond to of 58324
 
NEWS RELEASES!

WHAT THE INDUSTRY IS SAYING ABOUT
IOMEGA'S CLIK! PRODUCT FAMILY

"We want the digital photography experience as accessible to consumers
as traditional photography. Iomega's introduction of the clik! drives with
access for our compact flash media is a major advance in this direction.
These products will enable customers to take, use and store high quality
digital pictures more easily."

Jeff Peters, General Manager, Digital Imaging in Kodak's
Digital Applied Imaging Business

"Iomega's clik! disks and drives provide the kind of small, low-cost
storage solutions needed to complement digital photography. HP is happy
to see companies such as Iomega design and market products that address
the needs of the fast-growing PC photography market."

Irene Pecenco, General Manager of HP's Home Imaging
Division

"Our customers have asked us to design increased functionality into our
next generation Handheld PC so that they can be more productive on the
road. Clik! products will allow Hitachi Handheld PC users to download
e-mail with attachments, cache web pages and use Pocket Word, Pocket
Excel and Pocket PowerPoint programs freely, without space concerns. As
a complete solution, mobile users no longer have to trade portability for
functionality."

Lee Woodring, Director of Marketing, Hitachi Home
Electronics (America), Inc.

"Iomega's clik! product family will extend the functionality of today's
HPCs, and future WindowsCE devices, by offering affordable, removable
storage. We are excited about working closely with Iomega to integrate the
power of the clik! drive with WindowsCE to deliver new capabilities."

Harel Kodesh, General Manager of Microsoft's Consumer
Appliances Group

"This product family offers a significant breakthrough in the ongoing
evolution of handheld computing, bringing broad new application
possibilities to portable products. By removing the limitations of portable
digital products with a storage solution that can work across all products,
clik! drives will expand the usability and ultimate appeal of these
products."

Dennis Hamann, worldwide marketing manager of HP's
Asia Pacific PC Division

"Kinko's is always looking for products like clik! that can help our
customers be more productive," said Pete Stein director of Product
Management, Kinko's Inc. "Our customers like Iomega's products, and
their overall product performance and market acceptance is exemplary."

Pete Stein, director of Product Management at Kinko's
Inc.

"We're interested in any new personal technology that can improve a
presenter's ability to communicate brilliantly. InFocus offers several
products in support of that vision including our new LP420, the industry's
first truly ultra-portable presentation projector, that weighs under seven
pounds. InFocus and Iomega together demonstrate this commitment with
the InFocus LiteShow Pro Multi-media presentation player that utilizes the
Iomega Zip drive."

Stuart Cohen, InFocus Systems Vice President, World
Wide Marketing

"Clik! is an exciting new storage platform that can help to create an entirely
new class of portable solutions."

Chris Lehner, Program Director, Digital Equipment
Corporation

"Clik! drives and disks will help ready the digital imaging market for rapid
growth by driving the cost of digital film down to under $10."

James Raby, Business Development Manager for Imaging,
Atmel Corporation

"Clik! drives will serve as a much needed bridge between hand-held
devices and notebook computers, enabling customers to truly leverage
their information - regardless of what device they initially use to store it."

Greg LeVeille, Vice President of Marketing, CNF Portable
Peripheral, Inc.

"For digital cameras to be fully accepted, they must be easy to use. Like
our operating system, clik! drives and disks facilitate this by unthethering
the digital camera from the PC."

Stephen D. Saylor, Vice President of Sales and Marketing,
FlashPoint

"Clik! disks provide consumers with a very low cost, convenient medium
for storing many high-resolution digital images. We believe clik! disks
complement LSI Logic's DCAM, a single-chip digital image processing
engine, and will accelerate the growth of a mainstream, consumer digital
camera market."

Vernon Klein, Product Manager, LSI Logic

"We're glad to have Motorola silicon in the clik! product family that will
enable users to synchronize information among portable products and the
PC."

Mark Reinhard, Director of Marketing for the Consumer
Systems Group, Motorola

"By greatly increasing the capacity of removable storage for digital
cameras, clik! disks provide exciting potential for the digital imaging
industry."

Barbara Matthews, Vice President of Marketing, Sierra
Imaging

"At Sound Vision, we believe that one of the critical success factors for
digital photography is low-cost, high-capacity storage. We are excited
about the Iomega clik! disks because they offer much lower
cost-per-megabyte than flash memory, and are engineered to survive
rough handling by consumers."

Jim Dunn, Vice President of Business Development, Sound
Vision

"Texas Instruments, as a market leader in DSP solutions, wireless, and
storage ICs developed by our Storage Products Group, sees the
announcement of the clik! product family as further evidence of the
expanding market for these technologies. It perfectly complements our
own strategies, and once again demonstrates Iomega's ability to bring
cost-effective value-packed technology to the consumer."

Doug Rasor, Vice President of Strategic Marketing, Texas
Instruments, Semiconductor Group

"Clik! drives and disks will open the door for even more mobility with
WindowsCE devices, allowing customers to work with larger files like
presentations, e-mail attachments and web pages."

Ahmet Alpdemir, Vice President, ForCEĆ’ Group, Vadem

"Working together with Zoran's advanced JPEG compression technology,
Iomega's 40 Megabyte clik! disk will store unlimited very high-quality,
high-resolution digital photographs on $9.95 disks. The high capacity of
the clik! in conjunction with Zoran's real-time JPEG technology enables
the capture of several minutes of motion clips for low-data rate
transmission, such as the Internet, etc. Iomega and Zoran's combined
products will make it easy for editors and Web designers to move still
images and video between digital cameras and PCs."

Dr. Shmuel Farkash, Marketing Director, Zoran
Corporation



To: Gary Wisdom who wrote (54068)5/2/1998 7:42:00 PM
From: Rocky Reid  Read Replies (3) | Respond to of 58324
 
Philip has been publicly exposed as misquoting me. If he wants to debate an issue, he should first do his own research better.

As for my point of view, it all rests on pure logic. Iomega said at that point that they had sold 1.5 million Jaz. It stands to reason that even if one Jaz were returned, there would be less than 1.5 million. Since we all know that the failure rate for Jaz is abomniable, and refurbished (formerly broken) Jaz are plentiful, the evidence is overwhelming that return rates have reduced the number of Jaz drives that are "out there."



To: Gary Wisdom who wrote (54068)5/4/1998 1:35:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 58324
 
OT: AOL's latest from CFO

Comments?

biz.yahoo.com

AOL CFO values shares at $150 each - paper

NEW YORK, May 4 (Reuters) - America Online Inc. rose sharply on Monday following a report in Barron's that AOL's chief financial officer said recently that the stock is worth almost $150 a share.

AOL CFO Len Leader, at a Hambrecht & Quist conference last week, said the combined value of AOL's subscribers, its advertising revenues and international operations and cash make the company worth $149.50 a share, the financial weekly said in the ''Plugged In'' column of its May 4 issue.

Shares of the online giant rose to $87-5/8, up $4-1/8, in morning trade.

''The favorable Barron's item is definitely helping the stock even though a lot of it goes over the same material the company presented at the H&Q conference (last week),'' said one technology stock trader.

The paper said that, ''Leader suggested that AOL's 14 million subscribers are worth about $1,500 each, which is about how the market values subscribers to other consumer Internet service providers, for a total of $87 a share.''

Valuing AOL's advertising and E-commerce revenues at 20 times revenues, he tacked on another $50 a share, the paper said.

''Throw in $7.50 a share for international operations, and $5 a share for cash and investments, and Leader concludes AOL is really worth $149.50 a share,'' Barron's said.