Iomega - A Civil Discussion Message Board

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Non-Tech : Iomega - A Civil Discussion

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To: Frank Drumond who wrote (1782)	6/30/1997 6:34:00 PM
From: Mel Boreham	of 1908

Hey, what's all this talk about "REVERSE STOCK SPLITS"! I can't imagine why IOMEGA would want to generate the ire of its loyal stockholders by reducing the value of their stock via such a move. It has been my understanding that reverse stock splits are made to move a stock that has been driven into low single digits from "penny stock" status to where it might be considered more respectable at an artificially constructed higher price category. This hardly fits the current picture of IOM as it is exhibiting a nice upward trend with excellent news coming from the company and even better news expected with the coming quarterly earnings report. Anyway, lets not get too many ghost stories out there... someone might take us serious. Hang in there folks, better times are ahead! Mel

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