To: Naggrachi who wrote (3022 ) 11/3/1998 12:17:00 PM From: Hunter Vann Read Replies (1) | Respond to of 10072
Speaking of Syquest....Message 2462363 The Street seems ready to embrace SYQT. All it has to do is hint at breaking even, and watch this baby explode. Message 2455124 Syquest's SparQ 1 Gig drive at the $199 price point is turning out to be a genius move. The low end 100MB end is gonna get truly brutal. The carnage that a war between a giant like Sony and a large mid-cap like Iomega can cause is gonna be intense. Syquest comes out smelling like a rose with a product that offers 10 times the storage with better speed at a price that competes directly with Zip Plus. The Zip Plus is already becoming obsolete even before it's rollout. Message 2435136 How can Syquest sell their Zip+/Jaz-Killer SparQ drive for so cheap? I don't know, why don't you ask them at Comdex? In the meantime, I'll be buying one as soon as it becomes available. I can use my Syjet with my sampler, and the SparQ with my Mac. After all, the SparQ will become a standard, and it'll be good to exchange Mac files with friends or at Kinkos. For those who think that companies on the brink cannot ever make comebacks, I have one word for you-- Chrysler. (and SparQ is it's Minivan) Message 2415663 remind you that I was posting in SYQT, and was invited here to the IOM thread. If you don't want anymore hot action stock picks, then fine. See-Ya. Just remeber who it was that told you that Syquest's upcoming products and resurgence are great for consumers, terrible for Iomega's bottom line. www3.techstocks.com After all is said and done, this case will amount to NOTHING. It will be tossed out of court. It's a general concensus that it's just a distraction iomega is trying to throw up to ward off a competitor who is showing signs of life. And also, whose stock (SYQT) is showing the urge to move rapidly upward. www3.techstocks.com Make no mistake about it, Iomega is caught in a quandry. It faces competition not only from direct competitors like Syquest, but also CD-RW, CD-W, Avatar Shark (which CompUSA was sold out of when I was there last time), among others. And then there is DVD. DVD-RAM enjoys the same status as no.hand--vaporware. However, just as Iomaniacs bet that no.hand will conquer the market, there are many others who think that DVD will knock Iomega's bottom line on it's ass (pun intended). www3.techstocks.com Even SYQT enjoys Street credibility to an extent. By all accounts, it should be valued around $1. But it lingers in the 2 1/2 to 3 1/2 range, supported by hopes for the future, and a winner in SparQ. www3.techstocks.com If SparQ even hints at saving SYQT's bottom line in the next couple of Q's, SYQT stock will soar to over $10. Guaranteed. The reason? The Street basically cuts SYQT some slack. It doesn't with IOM. www3.techstocks.com SyQuest SparQ is busy nailing the coffin shut on Jaz. www3.techstocks.com the internal version of SparQ just shipped, so that market is now ripe for invasion from SyQuest. By all accounts, SparQ sales are brisk, and it is too bad that production is not that large, because the market is snapping these new drives up as quickly as they make them. WhAt A dUmBaSs