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Non-Tech : Any info about Iomega (IOM)?
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To: David L. Hachey who wrote (4133)7/6/1996 1:41:00 PM
From: Scott Maxwell   of 58324
 
Libellous assertions about Greenberg do nothing for the credibility of Iomega fans' posts.

> Young, thanks for the post on IO. I'm not sure that Mr. Greenberg's
> actions are totally ethical, i.e. shorting a stock and then using
> his position as newspaper columnist to trash the stock.

That would be both unethical and illegal, but since Mr. Greenberg has explicitly denied the poisonous rumors spread by some Iomegans that he shorted they stock (in fact, he says he has no positions of any kind in any stock, nor family trusts, nor stock in the name of his children, etc), if you wish to keep asserting this, be aware that you could be sued for libel and defamation.

Does anyone here have evidence that Iomega reporting has been motivated by direct positions in the stock by journalists? If not, 'twould be best not to repeat rumor as fact.
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