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Non-Tech : The New Iomega '2000' Discussion Group

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To: Gottfried who wrote (3644)12/22/1999 10:34:00 PM
From: Herb Fuller  Read Replies (3) of 5023
 
This was posted on the Fool's board. Just what does it say? Did Iomega or their insiders purchase this block of shares? If they did it may explain the large purchases that we seen going over the tape a while back.
Question:
Would the insiders be buying at these levels if Iomega was failing like our thread pest has been saying? I don't think so.

Herb
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11-Nov-99 HUBERMAN JONATHAN Initial Filing
21,780,280 (i) Common

Indirect Holdings - holdings that are controlled by the insider, yet are held by another entity such as a family member, a trust, a company plan, or even a corporation to which the insider is affiliated. In many cases, the same block of indirect stock may be claimed by several insiders, such as a group of trustees over the same trust, or several partners in the same partnership. Some insiders hold all of their stock indirectly.
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