Any info about Iomega (IOM)? Message Board

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

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To: Cogito who wrote (45874)	1/27/1998 4:40:00 PM
From: Gary Wisdom	Read Replies (4) of 58324

Allen, in response to your response to me: If all the information that we have now was made public (as it should have been), you are right: I have no basis for a lawsuit. BUT, how can you say that KE had no idea of the problems of the company when he sold his stock? Do you know that? And, how can you say that they did not know of the earnings miss when they split? Do you know that? And, how can you say the company didn't know before January 23 that they were going to miss? That is unbelievable. Of course they knew. They should have pre-announced. Period. Regarding KE's performance on the CC, I disagree with you as I do feel his incompetency is a cause of action. As for the lawsuit being counterproductive, that's your opinion. I guess the verdict will be the ultimate arbiter on this question. You bet I am angry. And I plan on doing something about it. If you do not plan on doing likewise, that is your option and right. I guess if I owned 1000 shares, I would not be so upset. But I own quite a bit more than that. As do others on this thread. This is why they have securities laws.

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