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


To: Brendan2012 who wrote (57817)11/4/1998 3:17:00 AM
From: Chucky  Read Replies (1) | Respond to of 58324
 
To All, Re:From the Wired Article
"The market for removable data storage devices-used principally to shuttle project-work back and forth between PCs and workers-is forecast to rise to 2.4 million units, or $612 million this year , Porter's firm had forecast before Monday's announcement.

''Clearly, this is not going to happen,'' Porter said. ''It'll be more like two million units and closer to $400 million.''

In 1997, 1.8 million removable storage devices were shipped for $286 million, according to Disk/Trend. That was up from 960,000 units, or $210 million in 1996."

dailynews.yahoo.com

I think I'm missing something. Where is that "2.4 million units" for the year from? Are most drives recreational units and not counted as drives used principally to shuttle project-work back and forth..." or does the term units have some other meaning?

Later
Chucky




To: Brendan2012 who wrote (57817)11/4/1998 3:35:00 AM
From: Doug Meetmer  Read Replies (1) | Respond to of 58324
 
I think that the zip hasn't been standard in OEM computers because of confusion about other choices, such as Syquest drives. In addition, the click of death didn't help. The bottom line is that other than CD-R, there really isn't any other choice other that zip for cheap, portable, mass storage. In addition, Zip is MUCH FASTER than CD-R and will stay that way.

I hope that we will soon see a host of OEMs offering zip as standard. Perhaps they didn't want to do that because of possible customer dissatisfaction if the zip drives died? Who knows.



To: Brendan2012 who wrote (57817)11/4/1998 8:11:00 AM
From: BeachBum  Read Replies (1) | Respond to of 58324
 
Brendan... but Zip hasn't gained anything on that front in the last year.
Compaq decided I would be better off sitting at home day trading stock ( so far they're right :-) but before the layoff I kept an eye on consumer PC boxes going out the door and you wouldn't believe the increase compared to a year ago. Take it for what its worth like S.B.'s ingram numbers. Now whether people buy disks for all those drives is another question.

BB ^-^-



To: Brendan2012 who wrote (57817)11/4/1998 8:48:00 AM
From: Michael Coley  Read Replies (1) | Respond to of 58324
 
RE: No progress towards Zip OEM penetration.

Brendan,

>> Sure, if Zips end up in most PCs, IOM could make lots of money, but Zip hasn't gained anything on that front in the last year. <<

I agree with most of your points, but you're way off base here.

In the first three quarters of 1997, Iomega shipped about 1.1 million OEM Zip drives. In the first three quarters of 1998, Iomega has shipped about 3.2 million OEM Zip drives. They've gained A LOT on that front!

- Michael Coley
- wwol.com



To: Brendan2012 who wrote (57817)11/4/1998 10:30:00 AM
From: James Strauss  Read Replies (1) | Respond to of 58324
 
Brendan:

Nice move today... Up 11/16 on 4,000,000 shares... This type of volume is reminiscent of the disbelief we saw with AOL, AMZN, and YHOO when they climbed their wall of worries to new highs...

Jim