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Non-Tech : Any info about Iomega (IOM)?
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To: Michael M who wrote (56592)6/19/1998 1:22:00 PM
From: Jock Hutchinson  Read Replies (3) of 58324
 
I just had a very sober thought. Rocky Reid knew about the IOM announcement before it became fact. Rocky is pretty low on the food chain. what does that tell you about the integrity of IOM's management. Clearly they weren't able to prevent the leak. I can't begin to count the number of times, news that hit the market like a bombshell was truly a shock to all concerned. My point is that this leak came under the watch of current management. Are they really the sort of people you would want to trust your hard earned money with? Think about it real hard and long. Sierk tells Squawk Box that he cannot and will not divulge the TIE ratio to his shareholders, but the essence of yesterday's announcement was known by Rocky Reid. This is an outrage.
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