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Non-Tech : Any info about Iomega (IOM)?
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To: Young D.T. Nguyen who wrote (1260)4/27/1996 10:31:00 PM
From: Guy Gordon   of 58324
 
"A banker is someone who will loan you an umbrella when the sun is shining." -- Mark Twain.

I don't see the share dilution being a problem. Growth companies need money, and bonds or equity sales are a much better way to raise cash than bank loans.

Bankers cut off your credit the moment any bad news shows up. This can KILL a company. The first thing I look for in a small company is no debt. The bonds can't be called in by the creditors (me). Iomega just has to keep paying interest. If converted to equity, even better for Iomega -- no more interest expense.
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