SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Ken Pomaranski who wrote (57234)7/16/1998 4:44:00 PM
From: Chris Sterner  Respond to of 58324
 
<<So what is left???? Anyone ever see a sub $900 computer with a ZIP?>>

I see them all the time in the mom and pop shops. Thats what I did. $900 machine with $100 ZIP. Of course, I now have the dreaded "click of death". What a pain. At least its still under warranty. Internals are a pain, gotta give up my whole system to get it fixed. Oh well.

Chris

btw- I had a relative buy a mom and pop a few months back. Told him to get a ZIP drive in it, but he went with the LS-120 instead. He thought backwards compatible was just too cool a feature. I warned him not to bother using it to read and write with 1.44's. He did it anyway and now he is crying. It is soooo slow.



To: Ken Pomaranski who wrote (57234)7/16/1998 6:25:00 PM
From: AJRO  Read Replies (2) | Respond to of 58324
 
<< Iomega is a floppy [razor blade??] company now. >>

I have been a lurker on this site for some time. I bought IOM near the top last year (OK-poor timing), but I am mostly a long term investor and still hold on.

There have been many good points by both the bulls and bears (even the unpopular ones). It's sad that many of the good points by Rocky (I won't name call, 'Wocky', etc.) have been buried in an avalanche of...mindless gibberish...for lack of a better word.

Anyway, the comment that made me take the plunge on that free trial is above. It's actually a valid point and not gibberish and I acknowledge that. But many bulls and bears on this thread have said a key point that indicates profitability is the disk sales. Now that disk sales have increased dramatically, IOM is accused of being a one product company....THE DISKS. I thought this was their business model in the first place? No one complained that Gillett only sells one product, razor blades. A more sound argument would be is the higher disk sales sustainable, etc.

IOM looks to be the dominant player in removable storage. Sure there will be competition and setbacks. This is normal. In the end I will hold IOM for the long term and believe I will be well rewarded.

Comments welcome,
AJRO