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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?

To: Rocky Reid who wrote (1423)	9/6/1998 2:30:00 PM
From: Herb Fuller	Read Replies (2) \| Respond to of 10072

Rock , Re:>>> IOM's fundamentals are weaker than ever <<< The disk drive sector is looking for a bottom . What you are saying about Iom is symbolic of the disk drive business in general . With the price / sales on these companies at a historic low one could expect a bottom to occur for this sector in the near future . exchange2000.com With the demise of syqest and the Zip inclusion in more and more computers on the shelves as we speak . How can one write off Iom as a Company in decline ? The market is full of winners and losers and you cannot tell me that Iomega is a looser when the Zip Drive continues to be standard in more and more computers every day . For Iomega to sell the Zip Drive at cost as their market grows is IMO a very good stratagy going forward . Their short term earnings may suffer but the gains they are making in their market share makes it worth while . The future of the removable storage is in Iomega's hands and they are winning the race . As far as the present price being what it is , this will give Iomega's management the opportunity to reset their future stock options to the benefit of their employees . Herb