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

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To: OtherChap who wrote (47678)2/12/1998 11:17:00 PM
From: stock bull  Read Replies (1) of 58324
 
OtherChap; You should also have posted the following from the same article:

<<Iomega's Keating said any decision by Nomai to sell its products would be "highly foolhardy," noting that on February 27 U.S. District Judge Martin Jenkins will decide on a preliminary injunction against Nomai--this time based on claims of copyright and trademark infringement, rather than on the compatibility issue>>

Keating is IOM's lawyer. So, IOM lost a battle based on reliability test results. The war isn't over pending the copyright and trademark infringement issues court decision.

However, I do expect the stock to drop tomorrow. KE may address this ruling at the analysts conference tomorrow.

Stock Bull
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