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

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To: Linda Pearson who wrote (48891)2/26/1998 9:11:00 AM
From: Dale Stempson  Read Replies (1) of 58324
 
Re: WSJ article

>>>-- Nomai SA, a French company, is trying to sell a Zip-compatible disk drive at 30% less than the price of Iomega's, forcing Iomega to pay stiff legal bills in its effort to keep the product off the market. It could see revenue plunge should those legal efforts fail.<<<

After reading this little reminder (right or wrong), and if tomorrow we see any negative news from the Nomai court case, things could quickly sour. This morning I might try a short-term bear play. Seems to me there's more downside risk than upside for the moment.

Regards - Dale
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