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

To: Frank Drumond who wrote (57666)	10/8/1998 9:57:00 PM
From: John Stockman	Respond to of 58324

I'm sure everyone on the Iomega thread are very aware of the terrible situation that Syquest is in right now. Their financial plans are going to fall through and the investors will have worthless stock. However, I can't see that Iomega would ever have this problem. It does help our situation, since nobody in their right mind would buy a Syquest product. Can't wait to see all of those Syquest products breaking down and they will all have to buy new Iomega products and disks. I would guess Syquest will be gone by the end of the year, so the Iomega sales will start taking off soon. Can't wait for the stock to recover. Also, saw some managers (who I found out were associated with Iomega) out here in San Antonio looking at some land for their new plant. Although there are several choice plots, I think they will build near the VLSI Technology building, IMHO. Keep the faith everyone since good times are still to come.