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

To: David S. who wrote (57370)	7/27/1998 9:28:00 PM
From: Rocky Reid	Read Replies (5) \| Respond to of 58324

TO ALL-MAJOR CD-RW NEWS ANNOUNCEMENT FROM CIRRUS LOGIC biz.yahoo.com New Cirrus Logic CD-RW Chips Provide Industry's Fastest Performance and Optional DVD-Port As Fast As Read-Only CD-ROMs and Faster Than a Zip, New Chips Position CD-RW Drives to Replace Floppies, Zips and CD-ROMs FREMONT, Calif.--(BUSINESS WIRE)--July 27, 1998-- Underscoring its position as the technology leader in the optical storage market, Cirrus Logic Inc. (Nasdaq:CRUS - news) today introduced two of the industry's fastest CD-ReWritable (CD-RW) chips. Delivering the industry's fastest 40X read and 10X write speeds, Cirrus Logic's new chips (CR3470/75) enable CD-RW drives to outperform Zips and equal the performance of high-speed CD-ROM drives.... Iomega is dead. CD-RW and DVD are the pallbearers. If I were invested in IOM, I'd get the hell out tomorrow.