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

To: Rocky Reid who wrote (54284)	5/9/1998 4:55:00 PM
From: Ken Marcus	Read Replies (1) \| Respond to of 58324

Rocky R Says:>>1.9 Million shares traded today. That means less than $15 Million. And this company has 262,000,000 shares outstanding. Not good.<< Not good, but not bad either. Basically... irrelevant. >>This tired old Zip story is all played out, and will be finally buried when Sony's HiFi rolls out. << I'd hate to be the Sony team trying to bring out the HiFD: 1. Large base of power users already have large cap storage (zip) 2. I doubt the Sony drive will have the reliability of the zip unless they can figure out a way to decrease the turbulence caused by their head load design. 3. Virtually no external market available to them; there is no reason to buy an external device that also reads floppies when computers already have them built in. 4. As far as internals: why add a HiFD when 2 seperate drives zip plus floppy would be cheaper. The HiFD has more capacity for now, but will it have greater capacity when it finally comes out. If it's necassary for Iomega to come out with a zip 200, I believe they will. I'm not saying that the HiFD (if and when it comes out) will have no effect on the zip, it's just that in this race, I'd rather be the front runner. Ken Marcus Not bearish, not bullish