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

To: Hunter Vann who wrote (54771)	5/15/1998 2:23:00 PM
From: John Solder	Read Replies (2) \| Respond to of 58324

Can you say Chapter 11?? Whenever anyone asks me about SYJUNK drives I ask if it matters to them that the company will probably not be around in 1 year. At sub $2 maybe someone will buy them up. But I doubt it. A lame one trick pony.

To: Hunter Vann who wrote (54771)	5/15/1998 3:24:00 PM
From: John Lacelle	Respond to of 58324

Hunter, Syjunk is dead. However, competition for IOM comes in many forms and is not to be taken lightly. Consider: 1) DVD 2) CD-R 3) Flash Memory 4) LS-120 In my opinion, Iomega will hold on for the short term and even produce some good numbers and fatten the kitty. However, we could see new technology in the future just eat IOM for lunch. Thems the breaks in High-Tech, -john

To: Hunter Vann who wrote (54771)	5/15/1998 6:52:00 PM
From: Ken Pomaranski	Respond to of 58324

<< Syquest is about to fall below the $2 dollar barrier. Do people actually consider this company formidable competition? >> The IOM bulls are still missing the point. SYQT was enough competition to be part of the reason IOM posted a loss. SYQT proves that anyone out of their garage can come up with a storage device and force IOM to drop prices and blow marketing dollars like crazy. If SYQT goes out of business, it will be somebody else. IOM needs to defend it's place in the market very aggressively, because the drives don't have 'staying power'. It's not a monopoly. Intel and Microsoft have monopolies, they can command huge margins and aren't worried about someone coming in tomorrow and displacing them. IOM has to worry about Sony, Orb, SYQT, LS-120, DVD, FLASH, etc. etc. etc.They cannot make money while fighting these guys off. It's been proven. What you have is a company relying on a 3 year old product to survive. CLIK! is too much of an unknown. Gamble if you want to! kp

To: Hunter Vann who wrote (54771)	5/15/1998 7:51:00 PM
From: Rocky Reid	Read Replies (3) \| Respond to of 58324

Well, I congratulate IOM . Today, it actually broke 2 Million shares traded, bringing its average trading volume down at a slightly slower rate than the 1.5 Million share/day average of this whole past week. As with any has-been, there are lackies willing to mop up the floor afterwards, empty the spit-buckets, and wallow in a misplaced admiration for a one-time contendor. Iomaniacs amaze me however with their allegiance to a stock that has treated them like garbage. I wish all my lovers had such blind loyalty. Iomega is a washed-up has-been that has seen its glory days sink ever farther into the distance as newer, better technology has marched up, punched Iomega right in the face, and walked right on by.