Any info about Iomega (IOM)? Message Board

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

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To: slipnsip who wrote (47366)	2/9/1998 8:17:00 PM
From: Michael Coley	Read Replies (2) of 58324

RE: Insurance to Cover Legal Expenses? >> We do know that KE is a very conservative guy which would lead him along this insurance path.. << If he's truly conservative, he would know that insurance (except with high deductibles and high limits to cover the catestrophic possibilities) is usually a waste of money. Also, legal expenses contributed to the rise in Q4 SG&A. It's just wishful thinking. Actually, if they do as good of a job settling this one as they did the previous class action lawsuits, I won't complain. From what I understand, the "winners" in the class action lawsuit received $3 coupons to be used towards Iomega purchases. - Michael Coley - wwol.com

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