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Non-Tech : Any info about Iomega (IOM)?

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To: Stan J. Czernel who wrote (8518)10/10/1996 12:20:00 AM
From: Andre Lukas   of 58324
 
Stan, you can get a quote of FTEL from
tradepbs.com

As other posters have mentioned, it has its own thread DCTC,FTEL,FNET which was started 3 months ago and now it already has about 1,500 postings. It seems there is a lot of excitement in there. I do not know what the financial conditions of the company is (Balance Sheets, Statement of Income or Cash Flow). But the CEO of FTEL replied on SI thread (FTEL) that the company does not have any bank debt and that cash is 20 times payables. As far I know, that CEO, Frank Pieters, is the only CEO of any company willing to communicate directly to internet postings. Right now the stock is about $ 2.00/sh. Tomorrow there will be a news release regarding a new CFO (for an IPO of FTEL's subsidiary) and a new Board of Director member. A crap shoot? Your guess is as good as mine.

NO RECOMMENDATION ONE WAY OR ANOTHER IS MADE HERE.

This is IOMG thread but Stan Walker mentioned that FTEL is just like IOMG in the early stages.

MESSAGE TO JMD:
Hi Archie, Stephen lost your e-mail, so I have not had a chance to read it, could you mail it again? Stephen said that by glancing the attachment he could tell that you did a heck of a job. Still burning the midnight oil??? Good Luck. We are rooting for you to get that union card. Andre.

Regards and Good Luck to all.

Andre
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