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

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To: Naggrachi who wrote (45944)1/28/1998 12:57:00 PM
From: stock bull  Read Replies (1) of 58324
 
The stock did not drop from 33+ to 8. It dropped from 33+ to 16, you must account for the 2:1 split.

If you were Buffett, you would be sitting on IOM's Board of Directors and watching your money and how the hell the company is managed. I feel that KE, in so many words, told the analysts that he will run the company in any manner that he wants, and they, the analyst, should stay the hell out of his "play pen". So, the analysts say ok, and go away. Of course, they then kill the stock.

This problem is not going to be fixed for sometime to come. IMO, the best course of action would be for a new management team to take over the company...just like AT&T...look at that stock.

Stock Bull
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