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

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To: ben luong who wrote (42366)1/4/1998 11:29:00 PM
From: Cogito  Read Replies (1) of 58324
 
>>It is a disgrace that they used the cash generated from product sales to buy stock for their employee stock option plan. The cash can be better used somewhere else.<<

Ben -

Do you not think that attracting and keeping talented engineers, managers, etc., is important? In the computer business today, you have to offer stock options to do that.

Cash flow is not a problem for Iomega at this time, so I don't see why you should find this use of cash "disgraceful."

- Allen
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