Reseller, re: Stillings.
Doesn't it strike you that they have no concern whatsoever for the stock price? Sorry, but anyone that bought after january of last year has lost money.
Now. if the company lost money, I can understand this. But, with a company with as good growth as has Iomega has actually seen their investors lose money with the company, doesn't that make you question their concern for their shareholders?
Ok, so everyone that bought prior to, I don't know exactly, but let's say, Feb 1996 is still up in their investment. However, since then, they've lost money. Is that still a good investment?
What about the millions of investors that bought sometime this year? Shouldn't they care about them too?
As for margin and options, well, I understand your position there. Margin is not that relevant and with options, you always bear a risk. However, if I recall correctly, the great majority of the posters here have been "crying" since December 1, whether they were long term investors or "shorter" term investors.
Your conversation with Stillings only confirms what I already knew: present Iomega management is getting exactly what they deserve: a stock price that reflects very poorly on the company.
Whaa whaa. |
