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Non-Tech : Any info about Iomega (IOM)?
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To: Linda Pearson who wrote (46081)1/28/1998 8:27:00 PM
From: Triluminary  Read Replies (2) of 58324
 
Hi Linda,

Yes, in 1996 they announced a stock buy back program. Definitely think this would be a brilliant thing to announce soon.

I remember that one and another in '97 as well for a total of two buy backs announced so far. These did very, very little in terms of helping the stock price. However, I believe a stock buyback at these levels with the available cash they have could have an impact on the stock price. Wouldn't mind seeing them pump about ~$15Mil of their cash into the stock.

Regards,

mark_b
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