Iomega - A Civil Discussion Message Board

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Non-Tech : Iomega - A Civil Discussion

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To: FuzzFace who wrote (1888)	9/23/1997 4:58:00 PM
From: KM	of 1908

Edwin: I'm not afraid to hold through numbers. I have a feeling that that's where a solid move could come. My husband and I have analyzed this Nomai thing every which way and we can't figure a way that it's a significant threat, either from a legal or business standpoint. Everybody got impatient when INTC didn't immediately posit an aggressive response to the DEC suit, but it blew over. Since Nomai has made the statement that they will be shipping to the U.S. this year or early next, you can bet that IOM's counsel is busy drafting their suit and request for TRO to be filed well in advance of this. I still think this is a ploy to obtain a buyout offer or licensing agreement. Unless there's another nasty surprise which we haven't thought of, I'm bullish as hell on IOM up to about 35 or maybe a bit higher. I've a bit more $$$ than you do out there on options, not stock, much more risky, and I feel good about it. Once it's time to pull the plug on the options, I'm thinking about exercising some and holding the stock longer.

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