SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Any info about Iomega (IOM)?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Teddy who wrote (37804)11/29/1997 6:00:00 PM
From: Michael M  Read Replies (3) of 58324
 
Fine letter, young man! Send it.

You've encouraged me to post a copy of my own unprofessional outburst
sent earlier today...

SUBJECT: Eric Savitz, "Plugged In," Dec. 1, 1997

Please take Mr. Eric Savitz out behind the copying machine and beat the crap out of him for calling himself a reporter and soiling the reputation of your newspaper.

In asserting that the Sony/Fuji proposed HiFD storage device "looks like an Iomega killer," he touts a product that doesn't even exist! I wonder if he saw a working model demo...anything as advanced, say, as Iomega's Clik product that so annoyed him. While Savitz did try to cover himself slightly by sprinkling words like "potential," "eventually" and "if all goes according to plan," in his piece, he clearly sees HiFD as the new standard in removable storage. The market will decide, if and when HiFD makes it to market.

Mr. Savitz is, of course, entitled to any degree of bias that his editors may allow. However, in this case, I believe he has gone beyond bias in a willful and malicious attempt to drive down the price of Iomega stock. You may want your attorneys to review your liability for injury to Iomega stockholders as a result of the Savitz article. They may want to begin by noting that HiFD is described not as a "Zip killer," but as an "Iomega killer." <eom>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext