Any info about Iomega (IOM)? Message Board

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

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To: Dale Stempson who wrote (24312)	6/4/1997 10:21:00 PM
From: Iceberg	of 58324

>Iceberg, consider this scenario: Let's say that Iomega responded to the NYSE and issued a statement that they are "not in takeover discussions". What would then be their response in the future if this happened again and they actually were in takeover discussions? Either they would have to reveal their plans, or issue a "no comment" which would then be the same as saying "we are in discussions", because of the precedent they had set now. Dale, In such a scenario, why not just tell the truth? What would be so bad about admitting to being in takeover discussions if it were the truth? I can see no advantage in deception. Ice

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