The salesperson said that this date was a confirmed date. New figure 23,021,394 shares. Not sure if this has been posted previously. Some CDs can be written in multiple sessions but the wasted space is significant. Writing to a CD is akin to writing on stone tablets with a sharpened piece of bone.
Optical storage holds great promise in the future, but that future also includes magnetic storage.
Optical will have to run this price reduction race along with everyone else. No other runner is as modivated as iomega in this event. Iomega stands positioned to take over that market with zip disks. My own projection are for zip disks to be selling over 1 billion units in the year 2000. Since the zip is so much more useful then floppies I also expect more zip disks to ship during its life cycle then floppies did duringtheirs.