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

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To: Triluminary who wrote (46096)1/29/1998 4:46:00 AM
From: Robert Skinner  Read Replies (1) of 58324
 
Re Stock buy back Mark B writes
"Yes, in 1996 they announced a stock buy back program. Definitely think this would be a brilliant thing to announce soon". Then ads he doesn't think a stock buy back have helped the stock in the past.
I don't agree that a stock buy back did not help in the past.
Stock buys back. As memory serves during the conference call after a stock buy back KE was questioned about what prices he had bought stock at. I remember because Iomega bought stock at about the same prices I did and the stock began to go up sharply from those prices. Dam I don't want to dig out my records for the info. But I think the buy back was around 12 -14 thens the stock hit a high around 27. Now please remember I'm writing this from memory and not looking at a chart. But I think I'm on the money or real close to it.

Mark please correct me if you still disgree.
Thanks Bob
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