Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: D.J.Smyth who wrote (6752)	1/25/1999 6:25:00 PM
From: Ken Pomaranski	Read Replies (4) \| Respond to of 10072

<< Sandisk just reported $.13 in earnings and a drop in revenue. Sandisk still trading at 6 times revenue. Ge, wonder whose expectations are higher, SNDK or IOM? >> This reminds me of a key point. What make anyone think that Clik! can be the next ZIP if Sandisk (whos been doing this forever) isn't going through the roof? It's the exact same market, and one could argue that Sandisk is much better positioned. Besides having a cool product, you MUST have a market for it. And the market must be big enough to matter. This is the big mistake made by the bulls. They assume that any product Iomega makes will significantly increase revenues. ZIP was an aberration, not the rule. (BUZ is an example of a more typical product). Also, you are making the bad assumption that every new product Iomega makes will be incremental to revenues. Fact is, the removable storage market is finite in size, and Iomega already owns 85% of it, and still can barely make money. When they ship products in the same space, all they do is shift revenues from one product to another. What person needs both a 100 Mbyte ZIP and a 250Mbyte ZIP? No one. The bulls have to explain how having a 250Mbyte ZIP available will generate new business? Expecially since JAZ exists at the upper end... Carving a flat revenue base 2 or 4 ways make no difference. *** One more thing. I've gotten a TON of mail / posts calling me pompous, arrogant, a fool, etc.. But here is the fact: If I was a bull, and crucifying the bears in the same tone (which I did in the old Iomega days), I would be worshipped as a hero. That is an ABSOLUTE fact! I love it... kp

To: D.J.Smyth who wrote (6752)	1/25/1999 8:04:00 PM
From: David S.	Read Replies (2) \| Respond to of 10072

Darrell, The Zip standard in Powerbooks is very significant. While Apple is struggling to regain leadership status, they do have the power to lead, as they did before by making the 3.5 inch floppy standard vs. the 5.25 floppy. By doing this with Zip, they are saying: a 3.5 inch 1.44 MB floppy is outdated, time to Zip-up to the new standard: the Iomega Zip. They more or less said this with the iMAC (by including no floppy) but now they have come out and said it. That's my opinion. By the way, do you know where to get get option quotes on line (for free) other than CBOE? Thanks. Regards, David S. INTC DELL HD KO WCOM LU IOM AWEB