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


To: Rocky Reid who wrote (4065)11/14/1998 7:33:00 PM
From: Herb Fuller  Read Replies (2) | Respond to of 10072
 
Rocky ,

From one Short to another .
====================================================================
Black eye for Iomega

1. Great product, market saturated. That's analyst J. Michael Pinson's take on once-high-flying Iomega Corp

2. Iomega's Zip drive shipments are up 39 percent.

3. Expenses and inventory are down.

4. But Pinson writes that Iomega is still not a good buy

5. The Zip and Jaz drives the company makes may be great products, but once you buy one you don't need another.

6. Pinson says that, unless Iomega can develop a new product line, it is no more than an $8 to $12 stock.

cbs.marketwatch.com



To: Rocky Reid who wrote (4065)11/14/1998 9:32:00 PM
From: Philip J. Davis  Read Replies (1) | Respond to of 10072
 
>>>>With the r&d cost of the zip250 already expensed ...<<
Pure conjecture. So evidence to support this.<<

KE stated during a CC that Iomega had already developed a "200MB" Zip drive and was simply waiting until competition warranted its introduction.

Also, Iomega claims that the Zip250 will ship this quarter - not exactly a product in development.

>>>>and the idea that the zip250 costs the same(close) to the zip100<<

Pure conjecture. No evidence to support this.<<

ZipPlus retails for $169. Zip250 will retail for $199. Pretty darn close.

Philip