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

To: lbs who wrote (55860)	6/9/1998 9:38:00 PM
From: Rocky Reid	Respond to of 58324

The Compaq announcement must be a disappointment to Iomaniacs. Iomaniacs were predicting buyouts from the likes of Kodak or Microsoft, yet the "big news" was an "alliance" with a present ally. Note that Zips are not replacing anything. The floppy is still there. The Cd-Rom is still there. The option to leave off the Zip and include the OEM SparQ (also announced today by Syquest) however is there. SparQ has its first OEM, and by the major OEM ally of Iomega, Compaq. What does this say about the real strength of the Iomega/Compaq alliance? Compaq has already inked a deal with Iomega's chief rival. biz.yahoo.com When Sony ships, Compaq will dump Iomega like yesterday's tunafish. The Street was wholly unimpressed by today's IOM announcement, and the price dipped 1/2 point as a result. True to life, the CNBC Suckers jumped on board right after the CEO interview/announcement hype yesterday, and now they are getting skinned. Expect IOM to drop right back to where it was before real soon. And lower. $4.80.

To: lbs who wrote (55860)	6/9/1998 11:00:00 PM
From: jeffrey roberts	Respond to of 58324

I have owned my zip drive for over a year now. I will not buy zip disks until they get down into the $7-$8 price range or lower. I wanted to transfer all my original software supplied on diskettes to zip disks, but have not found a way to do it. Now the hard drives are so massive that a Jaz drive is needed to back them up. Hopefully the prices will come down and drive disk demand up. I still like the concept of the zip drive as a replacement for the diskette drive. Something must be looming on the horizon (in terms of diskette drive obsolescence), as you can basically get diskettes for free now, after rebates.