Any info about Iomega (IOM)? Message Board

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

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To: Michael Coley who wrote (47369)	2/9/1998 9:40:00 PM
From: slipnsip	Read Replies (1) of 58324

"If he's truly conservative, he would know that insurance (except with high deductibles and high limits to cover the catastrophic possibilities) is usually a waste of money." I agree, KE surly understands actuarial tables. But you can plan on an insurance expense for future legal expenses. Tough to plan on it quarter by quarter trying to guess which one the trouble would hit in. I disagree that most truly conservative people would not insure. I do agree however that if you have the funds to self insure, you usually will come out ahead. It has been my experience that the market usually shrugs off shareholder lawsuits of this nature as they are completely transparent as to the intentions and agendas of those law firms that file.

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