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

To: Cogito who wrote (4118)	11/15/1998 11:04:00 PM
From: Linda Pearson	Read Replies (1) \| Respond to of 10072

Iomega may not be a comeback story - Barron's NEW YORK, Nov 15 (Reuters) - Alan Abelson, in his Barron's column, argues that once-highflyer Iomega Corp. may not be poised for a rebound just because its stock price plunged along with others and now appears on a recovery track. "Iomega, in short, demonstrates that every stock that has sunk to low single digits isn't necessarily a screaming buy or even a screaming accumulate," Abelson said in the Nov. 16 Barron's. "It might merely be efficiently priced." Iomega closed Friday at 7-3/8, up 1/2, but well off its 52-week high of 16-3/4. To some the disc maker Iomega appears to be a comeback story because a major competitor, Syquest Technology Inc. , has fallen on hard times, the report notes. But Iomega faces plenty of competition from Fuji and Sony Corp. , that are both due to unveil disc products of their own, the report said. newsalert.com Linda

To: Cogito who wrote (4118)	11/16/1998 1:02:00 AM
From: Jeff Hayden	Respond to of 10072

Allen, I expect the market would be quite large especially for the 100 MByte disks as so many of those drives are out there and can easily be used for recording right now. Wouldn't that be a cute little slap at Sony for stepping in Iomega's territory? Jeff