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

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To: Gary Wisdom who wrote (43656)1/16/1998 4:30:00 PM
From: Rocky Reid  Read Replies (7) of 58324
 
AOL CLOSES NEAR ALL TIME HIGH!!!

Looks like AOL closed at 93 1/16, after earlier today BREAKING its ALL TIME HIGH! Why fight The Street? It's easier to make money buying stocks that have Street favor. Look at AOL Look at DELL.

IOM?

All of the good news and earnings are already factored into its current price. With twice as many shares to account for this time around, the share price is stagnant, and will remain so for a long, long time.

What a sad, tragic mistake to think that Iomega Management could use a stock split to hoodwink investors into believing that (2) $5 bills is different than a $10. Well, they did it anyway, and IOM shareholders are now paying the price. In fact, I believe a shareholder lawsuit could be in the not-too-distant future for IOM. A lawsuit that would immediately call for a 2-1 or 3-1 reverse split.
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